Trump Administration Launches Sweeping New Iran Sanctions Campaign Targeting Shipping and Oil Trade

The Trump administration on Monday launched a sweeping new economic campaign against Iran, expanding the threat of secondary sanctions to the shipping sector while targeting dozens of companies, individuals and vessels involved in moving Iranian oil.

The U.S. Treasury Department dubbed the initiative “Operation Economic Outcast,” describing it as the beginning of a sustained effort to sever Iran’s financial connections to the global economy. Treasury Secretary Scott Bessent compared the campaign to an economic “D-Day,” saying the objective is to cut off the revenue sustaining Tehran.

The move follows President Donald Trump’s warning last week that countries continuing to trade with