Bessent to detail new Iran economic operation Monday

Treasury Secretary Scott Bessent is scheduled to announce a new "economic operation" against Iran on Monday, according to sources familiar with the plan. The initiative is expected to involve coordinated sanctions or financial restrictions aimed at limiting Tehran’s access to international financial systems and disrupting revenue streams that support its military and regional activities. Potential tools include measures against Iranian banks, shipping entities, petrochemical exports and foreign companies that facilitate Iranian trade. The announcement would reinforce the United States’ long-running economic pressure campaign as Iran faces sanctions, inflation and domestic mismanagement. It could also affect global oil markets, regional stability and compliance obligations for companies exposed to Iranian markets or entities. The exact measures are not yet known, and stakeholders are expected to await the Treasury’s official details.

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