Trump's Dollar Weapon Targets Iran's Economy and China Ties

The United States has launched 'Operation Economic Outcast', imposing severe economic sanctions to completely isolate Iran from the global financial system and target its core revenue sources, including oil and digital assets. The operation expands sanctions against countries, companies, and institutions trading with Iran, aiming to sever all financial flows to the country. Treasury Secretary Scott Bessent announced the measures, which target Iran's government and the Islamic Revolutionary Guard Corps, marking what President Trump calls the most lethal economic attack ever implemented. The strategy leverages the dollar's dominance, threatening to cut off foreign banks from the US financial system. China, Iran's largest oil buyer, poses a major challenge, while Iran warns of retaliation, including potentially halting Gulf oil exports.