Trump's 'Operation Economic Outcast' against Iran: What sanctions threat could mean for India
Launching an ‘economic onslaught’ on Iran, US Treasury Secretary Scott Bessent said that President Donald Trump is making phone calls to world leaders with specific requests to stop all interactions with Iran.
The move comes amid the ongoing US-Iran conflict which has shaken the world economy and global oil markets since the end of February this year. Bessent said Monday that the new US sanctions are intended to shut off every potential source of revenue for Iran, while warning other countries that continuing their economic ties with Tehran could expose them to retaliation.
The move comes amid the ongoing US-Iran conflict which has shaken the world economy and global oil markets since the end of February this year. Bessent said Monday that the new US sanctions are intended to shut off every potential source of revenue for Iran, while warning other countries that continuing their economic ties with Tehran could expose them to retaliation.
Next Story