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2mo ago General
The US has announced it is imposing sanctions on countries and companies doing business with Iran, as US Treasury Secretary Scott Bessent dubbed the move economic ‘D-Day’.
The Trump administration says the Operation Economic Outcast aims to force Iran to choose between isolationism and a return to normalcy.
Gibson Dunn’s Adam Smith says a similar strategy was effective in 2015, but there was a different geopolitical climate back then.
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Read more here: https://www.abc.net.au/news/2026-08-25/operation-economic-outcast-new-us-plan-for-iran/107073902
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