Military Operation

Operation Economic Fury

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Economy

Treasury Secretary Scott Bessent:

The U.S. Treasury says it will keep cutting Iran off from the financial networks the regime uses to fund its weapons programs, terrorist proxies, and nuclear ambitions. Operation Economic Fury will continue alongside military operations to deprive Tehran of resources to regroup.

Economy

White House Press Secretary on Iran:

"There's a ceasefire with the military and kinetic strikes, but Operation Economic Fury continues. We are completely strangling their economy through this blockade. They're losing $500M a day."

"The Un...

White House Press Secretary on Iran:

"There's a ceasefire with the military and kinetic strikes, but Operation Economic Fury continues. We are completely strangling their economy through this blockade. They're losing $500M a day."

"The United States maintains control over the situation, leverage over the Iranian regime. Not only have they been significantly weakened and obliterated militarily, but they are losing economically and financially every single moment that passes with this blockade."

Economy

The U.S. Treasury sanctioned an oil smuggling network run by Mohammad Hossein Shamkhani, son of the now-deceased senior Iranian security official Ali Shamkhani. Treasury also sanctioned targets tied to a Hizballah gold scheme that ultimately benefits Iran's military.

Both actions fall under Operation Economic Fury.