U.S. Launches Operation Economic Outcast Against Iran
Five sectoral determinations and nearly 60 designations target IRGC commanders, cyber units and petroleum traders in India, Hong Kong and Türkiye
News on international sanctions, economic warfare, enforcement, and global financial impacts.
Five sectoral determinations and nearly 60 designations target IRGC commanders, cyber units and petroleum traders in India, Hong Kong and Türkiye
Trump declared economic isolation of Iran, warning any country whose banks, businesses or airports still provide a lifeline faces consequences.
Summary Operation Economic Fury represents the most expansive U.S. sanctions campaign against Iran to date. Building on a sanctions package initiated in February 2025 under the maximum pressure framework and escalating dramatically through 2026, the operation is designed to cripple Iran's financial networks, oil exports, and military