Iran sanctions

US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran

The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Donald Trump's campaign to increase economic pressure on Tehran.

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.
US Treasury Secretary Scott Bessent speaks during a press conference, as finance ministers and central bank governors from G20 countries meet in Asheville, North Carolina, US, September 1, 2026.

Bessent: Iran in 'death throes,' US allies will support efforts to economically 'asphyxiate' IRGC

US President Donald Trump speaks after signing an executive order that aims to rename Lake Ontario to Lake America in the Oval Office of the White House in Washington, DC, on August 27, 2026.

Trump declares Iran ‘officially a failed nation,’ says US will respond to strikes on Jordan

US Treasury Secretary Scott Bessent stands behind U.S. President Donald Trump who speaks to the media on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Bessent expects new US secondary sanctions weekly, aiming to increase pressure on Iran


IDF Chief Zamir meets with US Air Force Chief Wilsbach to discuss Iran, regional issues

Their meeting comes as US President Donald Trump shifts from military to economic threats against the regime.

IDF Chief of Staff Lt.-Gen. Eyal Zamir meets US Air Force Chief Gen. Kenneth S. Wilsbach at the IDF's Kirya headquarters in Tel Aviv, August 23, 2026.

Iran economic sanctions leading to extremist regime elements gaining power, dissident says - report

"Under President Trump, the Treasury Department will continue to cut off every economic lifeline sustaining this regime, until Tehran is left completely alone," Treasury Secretary Scott Bessent said.

US Secretary of the Treasury Scott Bessent takes questions from reporters as he speaks during a press conference in Washington, DC on August 24, 2026. Bessent, in a column for the Financial Times, declared that an "economic D-Day" had begun against Tehran on Monday.

US halts Iran strikes 'for time being,' as focus shifts to economic sanctions, Rubio says - report

Operation Economic Outcast was announced on Monday by US Treasury Secretary Scott Bessent, following earlier threats of an "economic D-Day" against the regime.

US Secretary of State Marco Rubio speaks during a cabinet meeting at Camp David in Thurmont, Maryland, US, July 31, 2026.

How will Trump's economic 'D-Day' plan impact Iran's nuclear, ballistic missile threat? - analysis

How long do Israel, the US, and the West want to give Iran to figure out ways to charge forward on the nuclear or ballistic missile issues with whatever it has left?

US President Donald Trump delivers remarks with cryptocurrency executives in the Roosevelt Room at the White House in Washington DC, US, August 19, 2026.

US offers $10 million reward for information on senior IRGC leaders, including one killed in April

The US State Department's Rewards for Justice offered a bounty of up to $10m. for information on five IRGC leaders, including Majid Khademi, who was killed by an Israeli strike in April.

IRGC intelligence chief Majid Khademi pictured in February 2026.

US State Dept. sanctions Iranian military activities, fuel export in Operation Economic Outcast

Sanctions targeted Iranian individuals and companies that facilitated the trade of petroleum and petrochemical products with Iran or supported military action against US forces.

US Secretary of State Marco Rubio delivers remarks at the start of a ministerial meeting on political violence, at the State Department in Washington, DC, US, July 16, 2026.

What are Iran's options to escalate further in face of US economic threats? - explainer

Iranian attacks and threats to shipping have already stopped most traffic through the Strait of Hormuz, largely shutting down a waterway that once carried around a fifth of global energy.

FILE PHOTO: People walk on the beach, with vessels in the Strait of Hormuz visible near the beach of Bandar Abbas, Iran, May 22, 2026.

US Treasury announces 'Operation Economic Outcast' on Iran following warning of 'economic D-Day'

"It is now a time for world leaders to make a decision between prosperity and isolation, peace and terror, America and Iran," declared US Treasury Secretary Scott Bessent.

US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran, describing them as "an economic D-Day", in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC.

Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines

"Any remaining tie to Tehran will hasten the economic ostracism of countries and entities, whether that tie be purposefully constructed or wilfully ignored."

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.

Iran made billions of dollars, bypassed sanctions amid US blockade, top official Rezaee claims

"In the past month or two, we sold seventy million barrels of oil," he said. "Now every day we sell oil to American ships on that side, as much as we produce."

An Iranian flag flutters in the wind as ships remain anchored in the Strait of Hormuz on May 16. Negotiations between the US and Iran over opening this critical waterway have largely stalled.