US Offers $10 Million Bounty on Iran's IRGC Leaders, Sanctions Follow
The United States has placed a $10 million bounty on senior Islamic Revolutionary Guard Corps (IRGC) military leaders and announced new sanctions against Iran, prompting Tehran to promise retaliation. Washington sanctioned over 60 entities, individuals, and vessels accused of helping Iran acquire prohibited technologies and oil revenue. Treasury Secretary Scott Bessent called the campaign "Operation Economic Outcast," warning countries trading with Tehran risk exclusion from the dollar-based financial system. China stated it will take all necessary measures to defend its interests, criticizing the pressure campaign. Pakistan reported progress in talks with Iran regarding reopening the Strait of Hormuz.