The US White House announced that the Treasury has begun Operation Economic Outcast, a broader sanctions and enforcement campaign intended to cut Iran off from international revenue and financial connections. New sectoral sanctions determinations target digital assets, technology, gold, aviation and shipping, expanding secondary sanctions exposure for parties that continue doing business with Iran. Treasury and other agencies will pursue what the administration called a zero-leakage approach to blocking revenue that funds Iran and the Islamic Revolutionary Guard Corps. Entities that facilitate money laundering for Iran face removal from the US dollar system, while countries and businesses supporting transactions with the Iranian government risk wider economic isolation.
2026-08-24The White House
US White House launches Iran sanctions campaign targeting five key sectors
The US White House launched a Treasury-led campaign to restrict Iran’s global financial connections, with new sectoral sanctions covering digital assets, technology, gold, aviation and shipping. The measures broaden secondary sanctions risk, and entities facilitating Iranian money laundering face removal from the US dollar system.