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#Scott Bessent

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Why the US Treasury's 'Operation Economic Outcast' Against Iran Is Doomed to FailEconomy

Why the US Treasury's 'Operation Economic Outcast' Against Iran Is Doomed to Fail

Despite aggressive new sanctions under Operation Economic Outcast, US efforts to isolate Iran are faltering as major powers like China and Pakistan refuse to comply, risking severe global economic backlash.

Al Jazeera English|August 31, 2026|1
Putin and Xi Prepare to Meet at Kyrgyzstan Summit as Global Tensions MountPolitics

Putin and Xi Prepare to Meet at Kyrgyzstan Summit as Global Tensions Mount

Leaders including Russia's Vladimir Putin and China's Xi Jinping are gathering in Kyrgyzstan for the Shanghai Cooperation Organisation summit amid rising international trade and political tensions.

Al Jazeera English|August 31, 2026|1
US Treasury Secretary Scott Bessent Pressures G20 to Isolate Iran's Economy Amid Escalating TensionsEconomy

US Treasury Secretary Scott Bessent Pressures G20 to Isolate Iran's Economy Amid Escalating Tensions

US Treasury Secretary Scott Bessent is set to urge G20 nations to isolate Iran's economy and cut off its financial networks during this week's ministerial meeting.

The National|August 30, 2026|1
Iran Open to Renewed Diplomacy as Conflict with US Reaches Six-Month MilestonePolitics

Iran Open to Renewed Diplomacy as Conflict with US Reaches Six-Month Milestone

Iranian Foreign Minister Abbas Araghchi stated that returning to diplomacy with the US is still achievable as the conflict reaches the six-month mark and international mediators step up talks.

The National|August 28, 2026|1
US Launches Operation Economic Outcast: How Secondary Sanctions Target Iran's Global PartnersEconomy

US Launches Operation Economic Outcast: How Secondary Sanctions Target Iran's Global Partners

The United States has introduced 'Operation Economic Outcast', threatening secondary sanctions against any nation or entity trading with Iran in a bid to sever Tehran's remaining economic lifelines.

Al Jazeera English|August 26, 2026|1
US Intensifies Economic Pressure on Iran with Expanded Sanctions to Break War ImpasseEconomy

US Intensifies Economic Pressure on Iran with Expanded Sanctions to Break War Impasse

The US is expanding secondary sanctions on Iran to isolate its economy and break the ongoing war deadlock, prompting warnings from Washington and retaliatory threats from Tehran.

The National|August 25, 2026|1
US Unveils Maximum Pressure Campaign with New 'Economic D-Day' Sanctions on IranEconomy

US Unveils Maximum Pressure Campaign with New 'Economic D-Day' Sanctions on Iran

US Treasury Secretary Scott Bessent announced a severe new economic pressure campaign against Iran, targeting global financial interests, oil revenue, and key sectors to isolate Tehran.

Al Jazeera English|August 25, 2026
US Support for Iran Conflict Dips as President Donald Trump Faces Record-Low Approval RatingsPolitics

US Support for Iran Conflict Dips as President Donald Trump Faces Record-Low Approval Ratings

A new Reuters/Ipsos poll shows that US public support for the war on Iran has dropped to 31 percent, while President Donald Trump's approval rating matches a record low amid rising fuel prices and economic concerns.

Al Jazeera English|August 25, 2026|1
US Pressure Campaign Against Iran Puts Trump's Trade Truce with China to the TestEconomy

US Pressure Campaign Against Iran Puts Trump's Trade Truce with China to the Test

The US has launched a new maximum-pressure campaign against Iran's economy called 'Operation Economic Outcast,' testing relations and trade agreements with major global players like China.

The National|August 25, 2026|1
US Imposes Fresh Sanctions on Iran and Urges International Allies to Cut Trade TiesEconomy

US Imposes Fresh Sanctions on Iran and Urges International Allies to Cut Trade Ties

The US Treasury Department has unveiled a new wave of sanctions targeting Tehran's financial networks, prompting a defiant response from Iranian officials.

Al Jazeera English|August 25, 2026|1
Iran Faces Severe Economic Pressure as US Prepares Toughest Sanctions YetEconomy

Iran Faces Severe Economic Pressure as US Prepares Toughest Sanctions Yet

Iran faces severe economic isolation as US Treasury Secretary Scott Bessent prepares to unveil the toughest sanctions yet, following the collapse of a recent ceasefire and ongoing disruptions in the Strait of Hormuz.

The National|August 24, 2026|1
Iranian Rial Plummets to Record Low as US Prepares Major Economic OffensiveEconomy

Iranian Rial Plummets to Record Low as US Prepares Major Economic Offensive

Iran's currency has hit a record low as the US prepares to launch a major financial offensive against Tehran amid ongoing conflict and halted oil exports.

The National|August 24, 2026|1
US Threat of Maximum Iran Sanctions Tests Trump's Detente With ChinaEconomy

US Threat of Maximum Iran Sanctions Tests Trump's Detente With China

The Trump administration's plans for severe new sanctions against Iran threaten to put Beijing in the crosshairs, testing delicate US-China relations ahead of an upcoming summit.

Al Jazeera English|August 24, 2026|1
Iranian President Masoud Pezeshkian Urges End to US Conflict From Position of StrengthPolitics

Iranian President Masoud Pezeshkian Urges End to US Conflict From Position of Strength

Iranian President Masoud Pezeshkian has called for an end to the ongoing conflict with the US, citing a position of strength, while Washington prepares new economic sanctions.

Al Jazeera English|August 22, 2026|1
US Treasury Secretary Scott Bessent Announces Historic Economic Isolation and Toughest Sanctions Ever on IranPolitics

US Treasury Secretary Scott Bessent Announces Historic Economic Isolation and Toughest Sanctions Ever on Iran

Treasury Secretary Scott Bessent announced that the US will enforce unprecedented economic isolation and the toughest sanctions in history against Iran amid escalating tensions.

The National|August 21, 2026
US Threatens Historic Sanctions to Collapse Iran's Government as China Urges CautionPolitics

US Threatens Historic Sanctions to Collapse Iran's Government as China Urges Caution

US Treasury Secretary Scott Bessent announced plans for the toughest sanctions in history to collapse Iran's government, while China criticized the move.

Al Jazeera English|August 21, 2026|1
Trump Unleashes Unprecedented Economic Warfare and Complete Isolation Against IranEconomy

Trump Unleashes Unprecedented Economic Warfare and Complete Isolation Against Iran

US President Donald Trump announced unprecedented economic warfare and isolation against Iran, warning that any nations supporting Tehran will face severe consequences.

The National|August 20, 2026|1
Trump Unveils New Economic Warfare Strategy Against Iran, Raising Questions Over Long-Term CommitmentPolitics

Trump Unveils New Economic Warfare Strategy Against Iran, Raising Questions Over Long-Term Commitment

President Donald Trump has announced a new campaign of economic pressure against Iran, shifting tactics after previous efforts failed to secure a quick surrender. However, analysts remain skeptical about whether the administration will maintain this strategy long enough to impact Tehran.

Egypt Independent|August 20, 2026|1
Iran Remains Undecided on US Talks Amid Escalating Tensions and Disputed Strait of HormuzPolitics

Iran Remains Undecided on US Talks Amid Escalating Tensions and Disputed Strait of Hormuz

Iranian Foreign Minister Abbas Araghchi stated that Iran has not yet decided to resume talks with the US, as Washington shifts its focus toward severe economic pressure and blockades in the Strait of Hormuz.

Al Jazeera English|August 15, 2026|1
US Administration Prepares Unprecedented Economic Squeeze and Naval Blockade Against IranEconomy

US Administration Prepares Unprecedented Economic Squeeze and Naval Blockade Against Iran

The Trump administration is intensifying financial pressure and maintaining a naval blockade to drive Iran's economy to the limit and force the reopening of the Strait of Hormuz. Treasury and energy officials highlight severe inflation and plunging oil exports as key elements of this economic campaign.

The National|August 14, 2026|1