Trump Administration Launches Sweeping Sanctions Against Iran

The Trump administration on Monday launched a sweeping new sanctions campaign against Iran, which Treasury Secretary Scott Bessent described as the "single greatest financial offensive ever marshaled against an adversary." The initiative, dubbed Operation Economic Outcast, represents a strategic shift from military pressure to economic warfare aimed at isolating Tehran and forcing it to negotiate an end to the ongoing conflict. Bessent announced the measures during a press conference, warning all countries to sever financial and business ties with Iran or face significant U.S. sanctions.