🔴 The US has launched “Operation Economic Outcast” to sever all economic lifelines for Iran, US Treasury Secretary Scott Bessent announces
🔴 US Treasury Secretary Scott Bessent says “no one, including China, is beyond the reach of US sanctions”
🔴 Economic engagement of any kind with Iran will expose those involved to the “full reach of American power,” he adds
🔴 Countries will have a finite timeline to shut down activities identified by the US Treasury, including closing Iran’s bank branches abroad
🔴 President Donald Trump is calling world leaders with specific requests to cease their interactions with Iran, Bessent says
— @AlArabiya_Eng Aug 24, 2026
