Treasury targets Iranian auto, rail sectors in latest round of sanctions
First reported 1 Oct, 17:58 UTCUpdated 2d ago6 sources
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The Treasury Department sanctioned Iranian auto and rail industries Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies…
Excerpt from The Hill
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The US' Operation Economic Outcast aims to cut Tehran’s funding for the war.
The US Treasury sanctioned Iran’s automotive and rail sectors Thursday, expanding its campaign to some of the country’s largest industrial companies as Washington seeks to choke off Tehran’s sources of revenue with Operation Economic Outcast.
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- US sanctions target Iran’s auto, rail sectors, after blockade chokes shipping lanes (opens The Straits Times in a new tab)
The US' Operation Economic Outcast aims to cut Tehran’s funding for the war.
- Treasury sanctions operation targets Iran's auto, rail industries in latest economic attack (opens CNBC in a new tab)
"Operation Economic Outcast" was touted by President Donald Trump as Iran's "economic D-Day" when Treasury Secretary Scott Bessent unveiled it in August.
- US targets Iran auto, rail and metals sectors in new sanctions blitz (opens Iran International in a new tab)
The US Treasury sanctioned Iran’s automotive and rail sectors Thursday, expanding its campaign to some of the country’s largest industrial companies as Washington seeks to choke off Tehran’s sources of revenue with Operation Economic Outcast.
- Treasury targets Iranian auto, rail sectors in latest round of sanctions (opens The Hill in a new tab)
The Treasury Department sanctioned Iranian auto and rail industries Thursday, the latest salvo in its economic campaign against the Islamic Republic. The Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned the entirety of those industries — going after automobile, train and manufacturing companies…
- US sanctions target Iran’s auto, rail sectors as blockade chokes shipping lanes (opens The Times of Israel in a new tab)
Rubio reportedly orders Iranian FM to.leave US, but delegation claims they were on their way out anyway; amid stalled talks with Tehran, Trump says he may need to 'blow them up'
- US Imposes Sanctions On Iran's Rail, Auto Sectors To Raise Economic Pressure (opens NDTV in a new tab)
The sanctions are part of the department's "Operation Economic Outcast," announced August 24, which aims to cut Tehran's funding for the war, missile construction, cyberattacks and the Islamic Revolutionary Guard Corps
