New sanctions have been issued to target Iranian automotive and railway industries.
The U.S. Department of the Treasury announced new sanctions targeting Iranian rail and automotive conglomerates under Operation Economic Outcast. As the U.S. maritime blockade halted revenue from oil exports, Iran has relied heavily on other elements of its industrial infrastructure, including automotive and railway sectors.
“The Iranian regime’s ability to fund its war machine and inflict terror on the world has been severely diminished thanks to Operation Economic Outcast,“ Treasury Secretary Scott Bessent stated. He added that this “action directly targets Iran’s enablers and lays the groundwork for the United States and our partners to drain the regime’s revenue once and for all.”
Secretary Bessent recently predicted that the Islamic Republic’s economy would collapse in the next two weeks.
As the Lord Leads, Pray with Us…
- For Secretary Bessent as he oversees the ongoing implementation of Operation Economic Outcast.
- For President Trump to seek God’s wisdom as he makes decisions concerning the Islamic Republic.
Sources: Department of the Treasury
