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Operation Economic Outcast

All articles tagged with #operation economic outcast

global-politics-and-finance11 days ago•1 min saved

US Treasury Designates Russian Fintech A7 as Transnational Criminal Organization in Iran Sanctions Push

The US Treasury has designated the Kremlin-backed fintech A7 a 'transnational criminal organization,' freezing its US assets and banning American business dealings. The move targets A7's alleged role in helping Iran and other sanctioned entities evade Western restrictions via a network of shell companies. While the US frames this as part of 'Operation Economic Outcast' to isolate Iran, A7 denies any illicit ties, calling the accusations slander. This follows earlier EU and UK sanctions and precedes new US restrictions on Iranian industrial sectors.

via Financial Times|

#a7-fintech #global-politics-and-finance #iran-economy

geopolitics12 days ago•0 min saved

US Deploys 9,000 Troops and Three Carriers as Trump Rejects Iran’s Ceasefire Bid

President Donald Trump rejected Iran’s latest proposal to end the seven-month conflict, stating he will decide 'very soon' whether to 'blow up' Iran or make a deal. As diplomatic talks stall, the US is deploying approximately 9,000 additional troops and a third aircraft carrier to the Middle East. Simultaneously, Washington has intensified 'Operation Economic Outcast,' announcing new sanctions on Iranian industrial sectors and claiming Tehran loaded zero crude oil in September.

via Politico|

#geopolitics #middle-east-military #operation-economic-outcast

world-news15 days ago•22 min saved

Bessent Warns Iran Faces Economic Collapse as Final Oil Shipments to China Conclude

Treasury Secretary Scott Bessent stated on September 27 that Iran’s economy will have 'nothing to trade' within two weeks after its final oil deliveries to China. He cited the US blockade and 'Operation Economic Outcast' as key drivers of this collapse, arguing that Tehran’s desperation will force it to accept stricter terms in future negotiations.

via New York Post|

#iran #operation-economic-outcast #scott-bessent

geopolitics15 days ago•2 min saved

Treasury Secretary Bessent Predicts Iran’s Oil Revenue Will Collapse Within Two Weeks

Treasury Secretary Scott Bessent stated on September 27 that Iran will exhaust its remaining oil exports to China within two weeks, leaving the nation with no tradeable assets. He cited a US blockade and the 'Operation Economic Outcast' campaign as the drivers of this economic isolation. While President Trump rejected Tehran’s latest ceasefire proposal, Bessent argued that Iran’s desperation will force it to accept stricter terms in future negotiations.

via Fox News|

#china #geopolitics #iran

geopolitics16 days ago•20 min saved

Trump Rejects Iran's Hormuz Deal, Citing Economic Collapse

President Donald Trump rejected a new Iranian proposal to reopen the Strait of Hormuz, arguing that Tehran is 'dying' economically and outsmarted itself by closing the waterway. While the US maintains a naval blockade, Iran insists on a definitive diplomatic response before negotiating. The conflict has driven global shipping traffic down 75% and raised US gas prices to $4.49 per gallon.

via Fox News|

#geopolitics #operation-economic-outcast #sanctions

world1 month ago•26 min saved

Dubai becomes frontline of Washington’s Iran sanctions campaign

Washington’s new Operation Economic Outcast aims to choke Tehran’s hard currency by targeting overseas financial channels, starting in Dubai with a FinCEN move to cut Banque Misr UAE from the dollar system as Iran’s money moves through Dubai-based front firms and exchange houses; Tehran relies on Dubai, along with Istanbul and Baghdad, to repatriate earnings, and Turkey and Iraq remain key channels while Beijing’s role remains debated. The US is broadening pressure to hit foreign banks that enable Iran’s shadow banking networks, signalling a shift from targeting Iranian entities to the foreign financial infrastructure, a move that could push Iran’s oil revenues toward zero in coming months if these channels are shut down.,

via Iran International|

#banque-misr #dubai #iran-sanctions

business1 month ago•2 min saved

US targets Banque Misr UAE for Iran ties in new sanctions push

The U.S. Treasury plans to revoke Banque Misr UAE’s access to U.S. financial institutions over links to Iran, sanctioning a Dubai-based branch that handled about $1.8 billion for roughly 100 Iran-connected entities. This move is part of a broader sanctions campaign dubbed Operation Economic Outcast to sever Iran’s global economic ties, with additional sanctions already imposed on Bank Melli Dubai and related entities.

via CNBC|

#bank-melli-dubai #banque-misr-uae #business