US threatens severe sanctions against countries with economic ties to Iran
The US has launched "Operation Economic Outcast," threatening severe sanctions against any country or entity with economic ties to Iran, aiming to isolate Tehran economically. Treasury Secretary Scott Bessent stated the objective is to sever all financial lifelines sustaining the Iranian regime, warning that no one is exempt from US sanctions if they facilitate transactions with Iran. It remains unclear how the US will confront China, Iran's largest trading partner, which has indicated resistance to cutting ties. Iran has vowed retaliation against any nation participating in the US-led campaign. This move follows a period of impasse after previous US and Israeli actions against Iran.