US plans to sanction another bank to keep economic pressure on Iran

The US government plans to penalize another bank this week as part of an aggressive campaign—termed “Operation Economic Outcast”—to economically isolate Iran amid stalled truce negotiations. US Treasury Secretary Scott Bessent announced the move, describing the escalating pressure strategy as “financial violence” designed to cut off Iranian revenue and sever institutions aiding Tehran from the … Continue reading US plans to sanction another bank to keep economic pressure on Iran