00:00The United States has opened a new front in its confrontation with Iran, but this time Washington is not relying
00:07only on missiles, military pressure, or a naval blockade.
00:12The Trump administration is taking aim at something potentially even more powerful, Iran's ability to make money, move money, and
00:21access the global financial system.
00:23On Monday, Treasury Secretary Scott Besant announced what Washington calls Operation Economic Outcast.
00:31Today, at President Trump's direction, the United States Treasury has begun Operation Economic Outcast, an unprecedented campaign against the Islamic
00:43Republic of Iran and its enablers.
00:46In the Second World War, D-Day marked the historic beginning of a campaign with our allies to target and
00:55drive the enemy from its positions, including those in third countries.
01:00Today, in that same spirit, we are launching an economic onslaught against Iran's financial connections around the globe. Around the
01:11globe.
01:11The campaign is designed to cut Iran off from the international networks that keep its economy functioning.
01:19And the message from Washington is blunt.
01:21Countries, banks, and companies doing business with Tehran could now face consequences themselves.
01:28President Donald Trump had already warned that the United States was preparing what he described as the most crushing economic
01:36operation ever imposed against a country.
01:39Now, that campaign is moving into action.
01:43The goal is not simply to punish Iran.
01:46Washington wants to force Iran into a choice.
01:49Accept unprecedented economic isolation or return to negotiations and make major concessions.
01:57And at the center of this strategy is America's most powerful financial weapon, the U.S. dollar.
02:06Operation Economic Outcast is designed to attack the networks Iran uses to earn revenue and bypass existing sanctions.
02:15Besant described the campaign as an economic onslaught against Iran's financial connections around the globe.
02:22Washington has identified five major areas of concern.
02:26Digital assets, technology, gold, aviation, and shipping.
02:31Shipping is particularly important.
02:34Iran has spent years finding ways to keep its oil exports moving despite American sanctions.
02:41That has included complicated ownership structures, front companies, intermediaries, and ship-to-ship transfers.
02:48Now, Washington wants to disrupt those networks at their foundations.
02:53Technology is another major target.
02:55U.S. officials accuse Iranian networks of obtaining sensitive dual-use equipment that could support nuclear research and missile development.
03:05Then, there is cryptocurrency.
03:07Washington says Iranian-linked networks have increasingly used digital assets to move money outside traditional banking channels.
03:16Gold and aviation are also being brought into the campaign.
03:20The first phase of the operation has already targeted more than 60 entities, individuals, and vessels across multiple jurisdictions.
03:29According to the Treasury Department, those targets include networks connected to Iranian oil revenue, cyber operations, and the procurement of
03:38nuclear and missile technology.
03:40Washington has also targeted an alleged procurement network stretching across the Middle East and East Asia.
03:48U.S. officials say the network used front companies and covert financial channels to obtain sensitive technology for Iranian military
03:57institutions.
03:58But the most consequential part of the campaign may not be the initial sanctions, it is the warning being sent
04:05to everyone else.
04:06Trump has threatened countries that continue providing Iran with financial or commercial lifelines.
04:13That includes banks, businesses, airports, governments, shipping companies, and financial institutions.
04:20The President has specifically warned against oil smuggling, cash transfers, exchange houses, ship registries, and front companies.
04:31Treasury Secretary Scott Besant delivered perhaps the strongest warning yet.
04:37His message was directed not only at Iran, but at financial institutions around the world.
04:43Any entity facilitating money laundering on behalf of Iran, Besant warned, could be removed from the U.S. dollar system.
04:52And for international banks, that threat can be enormous.
04:56The dollar remains deeply embedded in global trade and cross-border finance.
05:01Banks depend on access to dollar transactions, correspondent banking networks, and the broader U.S. financial infrastructure.
05:08Losing that access can make international business dramatically more difficult.
05:14That gives Washington leverage far beyond America's physical borders.
05:19A bank does not necessarily have to be American to feel the consequences of a U.S. financial decision.
05:26That is the power behind secondary sanctions.
05:29And it is precisely why Operation Economic Outcast could become much bigger than another sanctions package.
05:39One country could determine whether Operation Economic Outcast succeeds.
05:45China.
05:46According to Klepper data cited in the supplied report, China purchased more than 80% of Iran's shipped oil in
05:532025.
05:54That makes Beijing critical to Iran's ability to keep earning energy revenue.
06:00Washington wants China to cooperate.
06:02But Beijing has already rejected the broader American sanctions strategy.
06:08China argues that unilateral sanctions lack a basis in international law and says pressure will not solve the underlying confrontation.
06:17Beijing instead continues to call for political and diplomatic solutions.
06:22That puts Washington and Beijing on a collision course, because aggressively targeting Chinese companies could create consequences far beyond Iran.
06:32China is one of the world's largest trading powers.
06:36It's deeply connected to global supply chains and international finance.
06:40Besant has urged Beijing to cooperate, while also acknowledging that some conversations are better held privately.
06:49Washington says Operation Economic Outcast ultimately gives Iran two choices, complete isolation or economic reintegration.
06:58That's the central objective of Trump's pressure campaign.
07:02The administration believes Iran's economic lifelines can be squeezed so tightly that Iran will eventually have to reconsider its position.
07:11But Iran has lived under American sanctions for decades.
07:15Over that time, Tehran has developed alternative trading routes, informal financial networks and methods for bypassing restrictions.
07:23The question is whether this new campaign can close those escape routes.
07:28And there's another concern.
07:30Could economic warfare trigger an even wider confrontation?
07:34The United States is already involved in a broader military standoff with Iran.
07:40The Strait of Haruz remains a critical pressure point.
07:44The energy markets remain vulnerable.
07:46And global businesses are watching closely as Washington threatens companies that maintain commercial links with Qayran.
07:55Operation Economic Outcast therefore represents test of America's financial power.
08:01Washington is attempting to use the global dominance of the dollar to pressure an adversary without relying entirely on military
08:09force.
08:10The strategy reaches into banks, shipping companies, technology networks, cryptocurrency markets and international trade.
08:17And its message is deliberately intimidating.
08:21Iran may be the primary target, but anyone helping Tehran could also find themselves facing the economic power of the
08:29United States.
08:29For President Trump, the objective is clear.
08:33Force Iran to choose between isolation and negotiation.
08:37For Tehran, accepting Washington's demands could mean major strategic concessions.
08:43Rejecting them means deeper economic pressure.
08:46And for countries like China, the choice could become increasingly difficult.
08:51Because this confrontation is no longer happening only on battlefields.
08:56It's happening inside banks, inside shipping networks, inside energy markets and inside the global financial system.
09:04Are they appropriate?
09:20Because this whole thing is very interesting.
09:21Honest?
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