1 week ago

US Unveils Fresh Iran Sanctions, Warns Global Partners

US Unveils Fresh Iran Sanctions, Warns Global Partners
‘Economic onslaught’: Bessent warns Iran’s partners as US unveils fresh sanctions · firstpost.com

The United States has announced new punishments, called sanctions, against people, companies and ships connected to Iran.

The sanctions affect nearly 60 targets.

They focus on oil, nuclear, missile and cyber-related networks.

The US says these networks help Iran earn money and avoid earlier sanctions.

Treasury Secretary Scott Bessent warned Iran’s partners to stop supporting these activities.

He said countries and organizations have a limited timeline to act.

The campaign is intended to make it harder for Iran to move money and sell oil.

US officials say the effort comes after nearly six months of conflict that has reached a stalemate.

Key facts

Announcing country
United States
Treasury official
Scott Bessent
Number of targets
Nearly 60 Iran-linked entities, individuals and vessels
Targeted sectors
Oil, nuclear, missile and cyber activities
Stated objective
Sever the economic channels sustaining Iran’s government
Warning to partners
Countries and entities were given a “defined timeline” to halt activities Washington considers supportive of Tehran
Campaign name
Operation Economic Outcast

Quotes

Scott Bessent

US Treasury Secretary

“Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.”
firstpost.com

Scott Bessent

US Treasury Secretary

“mapped every node, every facilitator and every network that Iran has used to smuggle oil and evade sanctions”
firstpost.com

Sources

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