US Treasury Secretary Scott Bessent announced on Tuesday that the United States intends to persist with its economic strategy regarding Iran. The policy, officially referred to as 'Operation Economic Outcast,' focuses on identifying and sanctioning individuals or entities that provide material, technological, or financial assistance to the Iranian government.

Secretary Bessent characterized the Iranian government’s activities as a 'terrorist enterprise' and emphasized that the Treasury Department would not tolerate support for the regime. The stated goal of the operation is to expose and disrupt the networks that enable the Iranian state to sustain its operations. While the Treasury Department has framed these actions as necessary to curb support for terrorism, the announcement did not provide specific details on new sanctions or the specific timeline for future enforcement actions. The Treasury's stance remains consistent with long-standing US policy aimed at isolating the Iranian economy to exert political and strategic pressure.