Scott Bessent stated the Trump administration will economically isolate Iran by targeting sanctions on aviation, maritime, and digital assets, as well as IRGC-linked offshore accounts in the British Virgin Islands and luxury properties worldwide.
He warned Russia and others to stay away from Iran, threatening to cut off supporters from the U.S. financial system and put them out of business. This escalates Operation Economic Outcast amid Iran's economic collapse marked by hyperinflation and fuel shortages.