US Treasury launches new economic operation targeting Iran

WASHINGTON, United States — WASHINGTON — The US Treasury Department announced a new economic pressure operation against Iran, targeting the country's oil revenues and international financial channels. The Treasury said the sanctions aim to limit the Iranian government's capacity to finance terrorism and fuel instability in the region. Under the operation, new sanctions will be imposed on Iran-linked companies, intermediary entities and vessels, according to the department. Officials said the measure is part of Washington's ongoing campaign against financial networks connected to Tehran. The Treasury also called on allied countries to join the sanctions and help prevent Iranian oil from reaching global markets. No further details on the specific entities targeted or the implementation timeline were immediately available.