… financiers that have moved hundreds of millions of dollars through shell companies and foreign‑exchange specialists across the Middle East and Asia—Treasury is severing critical revenue streams that sustain Iran’s military and proxy forces.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.
— Treasury Secretary Scott Bessent (@SecScottBessent) October 15, 2026
Operation Economic Outcast Targets Iran’s International Financial Networks & Shadow Banking Architecture
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