U.S. Treasury Secretary Scott Bessent on Monday announced a new campaign targeting the financial networks, companies and countries that help Iran generate revenue and bypass sanctions.

While basic primary and secondary sanctions on Iran have existed for years, the latest operation, dubbed “Economic Outcast” represents a shift in scope.

Bessent confirmed sanctions against nearly 60 entities, individuals and vessels linked to Iran’s nuclear, missile, cyber and oil networks.

Here are five things investors need to know.

1. Treasury is Targeting Iran’s Global Economic Network