### [2026-08-24](/feed/2026/08/24/index.md)

##### Economic impact of the 2026 Iran war
# U.S. Treasury Secretary Scott Bessent announces Operation Economic Outcast, a campaign involving new sanctions against Iran in a effort to isolate the regime. 




### Sources:

1. [Politico](https://www.politico.com/news/2026/08/24/bessent-iran-economy-01047365)
2. [The Wall Street Journal](https://www.wsj.com/world/middle-east/bessent-launches-operation-economic-outcast-to-isolate-iran-0e4db091)

### Changes:

1. U.S. Treasury Secretary Scott Bessent announces "Operation Economic Outcast", a campaign involving new sanctions against Iran in a effort to isolate the regime.  _2026-08-24 22:01:48 (First version)_
1. U.S. Treasury Secretary Scott Bessent announces Operation Economic Outcast, a campaign involving new sanctions against Iran in a effort to isolate the regime.  _(Current version)_

### Related:

1. [U.S. crude oil prices fall 2.7% to about $74 per barrel for the first time since early March after treasury secretary Scott Bessent announced a 60-day waiver of sanctions on the purchase of Iranian oil. ](/feed/2026/06/22/us-crude-oil-prices-fall-27-to-about-74-per-barrel-for-the-first-time-since-early-march-after-treasury-secretary-sc.md) _Context: Economic impact of the 2026 Iran war, Scott Bessent, U.S. Treasury Secretary_
2. [Iranian Americans hold protests outside SoFi Stadium in Inglewood, California, against the Iran regime and the team's participation in the FIFA World Cup ahead of its matchup against New Zealand. Additionally, protesters are seen with the Iranian Lion and Sun flag despite FIFA banning the flag from appearing at matches. ](/feed/2026/06/15/iranian-americans-hold-protests-outside-sofi-stadium-in-inglewood-california-against-the-iran-regime-and-the-team-s-pa.md) _Context: Iran, the regime_
3. [U.S. treasury secretary Scott Bessent says Washington will halt Iranian airlines’ access to landing spots until a deal is signed. ](/feed/2026/05/28/us-treasury-secretary-scott-bessent-says-washington-will-halt-iranian-airlines-access-to-landing-spots-until-a-deal-i.md) _Context: Iran, Scott Bessent, U.S. Treasury Secretary_
4. [U.S. treasury secretary Scott Bessent announces that the Office of Foreign Assets Control has imposed sanctions against financial networks linked to Iran, including digital asset wallets. ](/feed/2026/04/24/us-treasury-secretary-scott-bessent-announces-that-the-office-of-foreign-assets-control-has-imposed-sanctions-against.md) _Context: Iran, Scott Bessent, U.S. Treasury Secretary_
5. [U.S. treasury secretary Scott Bessent announces that the U.S. will temporarily lift sanctions on Iranian oil at sea in an effort to ease energy supply pressures. The temporary relief will last for 30 days until April 19. ](/feed/2026/03/20/us-treasury-secretary-scott-bessent-announces-that-the-us-will-temporarily-lift-sanctions-on-iranian-oil-at-sea-in-a.md) _Context: Economic impact of the 2026 Iran war, Scott Bessent, U.S. Treasury Secretary_
6. [The Dow Jones Industrial Average and S&P 500 rises after United States president Donald Trump says that the war in Iran is “very complete”, hinting that it could end soon. Additionally, oil prices have dipped under $100 following his remarks. ](/feed/2026/03/9/the-dow-jones-industrial-average-and-s-p-500-rises-after-united-states-president-donald-trump-says-that-the-war-in-iran.md) _Context: Economic impact of the 2026 Iran war, Iran_
7. [Bapco Energies declares force majeure on certain refinery operations in Bahrain after damage to its facilities by Iranian strikes, temporarily affecting shipments. ](/feed/2026/03/9/bapco-energies-declares-force-majeure-on-certain-refinery-operations-in-bahrain-after-damage-to-its-facilities-by-irania.md) _Context: Economic impact of the 2026 Iran war, Iran_
8. [A police officer is reportedly killed during clashes with anti-government protesters in Malard, Iran, as the number of injured police officers rises to 568. ](/feed/2026/01/8/a-police-officer-is-reportedly-killed-during-clashes-with-anti-government-protesters-in-malard-iran-as-the-number-of-i.md) _Context: Iran, the regime_
9. [President Trump signs an executive order eliminating "gender radicalism in the military", targeting transgender personnel in the military, and another executive order that mandates a process to develop an American Iron Dome. [https:--www.france24.com-en-americas-20250128-trump-signs-executive-orders-aimed-at-trans-troops-mandates-american-iron-dome (France 24)]The United States Senate votes to confirm Scott Bessent as U.S. Treasury Secretary, making him the highest rank LGBTQ official to run the U.S. Treasury and the highest-ranking LGBTQ person in the United States. [https:--time.com-7210423-scott-bessent-confirmed-trump-treasury-secretary- (TIME)]United States Office of Management and Budget acting director Matthew Vaeth orders federal government agencies to temporarily pause all federal financial assistance programs, with the exception of Medicare and Social Security, that could be implicated by select executive orders from President Donald Trump. [https:--www.politico.com-news-2025-01-27-trump-freezes-federal-aid-omb-00200891 (Politico)]Second cabinet of Donald Trump](/feed/2025/01/27/president-trump-signs-an-executive-order-eliminating-gender-radicalism-in-the-military-targeting-transgender-personne.md) _Context: Scott Bessent, U.S. Treasury Secretary_
10. [President Trump signs an executive order eliminating "gender radicalism in the military", targeting transgender personnel in the military, and another executive order that mandates a process to develop an American Iron Dome. [https:--www.france24.com-en-americas-20250128-trump-signs-executive-orders-aimed-at-trans-troops-mandates-american-iron-dome (France 24)]The United States Senate votes to confirm Scott Bessent as U.S. Treasury Secretary, making him the highest rank LGBTQ official to run the U.S. Treasury and the highest-ranking LGBTQ person in the United States. [https:--time.com-7210423-scott-bessent-confirmed-trump-treasury-secretary- (TIME)]United States Office of Management and Budget acting director Matthew Vaeth orders federal government agencies to temporarily pause all federal financial assistance programs, with the exception of Medicare and Social Security, that could be implicated by select executive orders from President Donald Trump. [https:--www.politico.com-news-2025-01-27-trump-freezes-federal-aid-omb-00200891 (Politico)]Executive Order 14183](/feed/2025/01/27/president-trump-signs-an-executive-order-eliminating-gender-radicalism-in-the-military-targeting-transgender-personne.md) _Context: Scott Bessent, U.S. Treasury Secretary_
