Treasury Secretary Scott Bessent speaks to members of the media outside the White House in Washington, Thursday, Aug. 20, 2026. (AP Photo/Jacquelyn Martin)
After the Trump administration promised to place crushing economic measures against the Iranian regime, Treasury Secretary Scott Bessent announced the launch of Operation Economic Outcast, aimed at totally crippling the regime.
NOW: Bessent:
Today, the U.S. Treasury has begun Operation Economic Outcast, an unprecented campaign against the Islamic Republic of Iran. pic.twitter.com/pySWqBcseL
— Clash Report (@clashreport) August 24, 2026
BIG: Bessent on China and Iran:
We want to make clear here today that no one is above the reach of U.S. sanctions.
That if they facilitate transactions and are part of the ecosystem that turns Iranian oil into money, into repression, they will be targeted. pic.twitter.com/hVuFLlgaZa
— Clash Report (@clashreport) August 24, 2026
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