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US Tightens Sanctions on Iran Economy

Treasury Secretary Bessent says the noose is tightening around Iran's economy until its coffers are empty.

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Key points

  • Treasury disrupted Iran's efforts to infiltrate the international financial system through an Iraqi bank that also supports Iran's terrorist proxy militia groups, as part of Operation Economic Outcast.
  • Treasury dismantled institutions including offshore banks and shadow financiers that moved hundreds of millions of dollars through shell companies and foreign-exchange specialists across the Middle East and Asia.

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Original post

Treasury Secretary Scott Bessent @SecScottBessent 998.9K followers

The noose is tightening around Iran’s economy, and not even Iran’s so-called allies can save it. The Department of the Treasury will not relent until the Iranian regime’s coffers are empty and every remaining financial lifeline sustaining its war machine has been severed.Quoting @USTreasury: Today, as part of Operation Economic Outcast, Treasury disrupted Iran’s efforts to infiltrate the international financial system through an Iraqi bank that also supports Iran’s terrorist proxy militia groups.  By dismantling these institutions—including offshore banks and shadow financiers that have moved hundreds of millions of dollars through shell companies and foreign‑exchange specialists acro
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  1. Treasury's Operation Economic Outcast disrupted Iran's infiltration of the international financial system via an Iraqi bank.

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From @STILL_LOUIE, @Leopolitan, @GShreddington and others. Spam removed, with English and Chinese translations.

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