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US Expands Iran Sanctions to India-Based Firms
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— Aug 24, 2026
The Trump administration, led by Treasury Secretary Scott Bessent, has launched Operation Economic Outcast to choke Iran’s economy by targeting its financial networks, oil revenues, and third-country linkages, warning nations to cease doing business with Tehran. Officials call it unprecedented and compare it to a D-Day-style campaign, while Iran and its allies condemn the move as economic terrorism and vow countermeasures.
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Yuki Tanaka
This matches what I've seen elsewhere too.