U.S. Treasury Secretary Scott Bessent introduced the latest round of sanctions under a dedicated initiative named Operation Economic Outcast. The department specifically took action against a vast criminal network that aids Iran's shadow fleet of oil tankers. In a public warning, Bessent underscored that the United States is closely monitoring all individuals and entities offering support to Tehran. He confirmed that future enforcement actions will rigorously target non-compliant operations conducted by land, sea, or air.
Key points
The United States is adopting a strict binary stance toward international parties providi…: The United States is adopting a strict binary stance toward international parties providing economic support to Iran.
Global facilitators aiding Iran's shadow maritime trade remain under direct surveillance…: Global facilitators aiding Iran's shadow maritime trade remain under direct surveillance by American enforcement authorities.
American sanctions enforcement will continue to target illicit Iranian logistics across a…: American sanctions enforcement will continue to target illicit Iranian logistics across all major transit vectors.
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Bessent says ‘you are either with us or against us’ after new Iran-linked sanctions
4 November 2026 20:47 GMT
US Treasury Secretary Scott Bessent said on Wednesday that "you are either with us or against us" after his department issued fresh sanctions targeting what it described as a “vast criminal network” aiding Iran’s shadow fleet of oil tankers.
"As we have said many times, under Operation Economic Outcast, you are either with us or against us," Bessent wrote in a post on X.
"We know where you are, and we will sanction those who continue supporting the Iranian regime, whether by land, sea, or air," he added.
As we have said many times, under Operation Economic Outcast, you are either with us or against us. We know where you are, and we will sanction those who continue supporting the Iranian regime, whether by land, sea, or air.
— Treasury Secretary Scott Bessent (@SecScottBessent) November 4, 2026
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