US launches Operation Economic Outcast to isolate Iran's partners

abc.net.au

The US announced Operation Economic Outcast, a plan to target economies of countries cooperating with Iran, aiming to isolate Tehran through an "economic onslaught" as the war nears six months. The plan expands secondary sanctions on Iranian oil buyers, shippers, exchange houses, and banks. Treasury Secretary Scott Bessent warned "enablers" face isolation but provided no specifics, timelines, or named countries, though China is a major concern. Iran's economy is vulnerable due to a US blockade, record currency lows, and inflation. Analysts say pressure could force a deal, but total surrender is unlikely, and the plan risks regional escalation.


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