Treasury Secretary Scott Bessent announced slew of sanctions against Iran, dubbed Operation Economic Outcast, Monday at the Treasury Department.The sweeping sanctions are meant to cut Tehran off from global engagement by targeting third party nations and entities. Some sectors include digital assets, gold, aviation, technology, and shipping.

‘THAT’S THE JETSONS THAT’S COMING TO LIFE’: TRUMP OFFICIALS TOUT MULTIFRONT DRONE INITIATIVEThe sanctions are part of a broader campaign to pressure Iran into opening the Strait of Hormuz, a key waterway in the global energy trade.