U.S. launches "Operation Economic Outcast," sanctions about 60 Iran-linked targets and threatens secondary penalties (Middle East)

Generaldesk view

U.S. launches "Operation Economic Outcast," sanctions about 60 Iran-linked targets and threatens secondary penalties (Middle East)

On Monday, August 24, U.S. Treasury Secretary Scott Bessent unveiled what the Trump administration calls Operation Economic Outcast, describing an "economic ons…

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Financedesk view

Oil falls >3%: WTI ~$82.50, Brent ~$89 as markets shrug fresh Iran sanctions (Energy)

Per Investopedia and Monday's Reuters/CNBC settles, oil fell even after Treasury expanded secondary Iran sanctions (Bessent's “economic D-Day” / Operation Econo…

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