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US Treasury Sanctions Iran's Auto and Rail Industries

Updated 2026-10-01 17:25 UTC 1 source Negative

The US Treasury Department launched 'Operation Economic Outcast,' targeting Iran’s auto and rail industries as part of a broader economic attack.

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CNBC
"Operation Economic Outcast" was touted by President Donald Trump as Iran's "economic D-Day" when Treasury Secretary Scott Bessent unveiled it in August.
2026-10-01 17:11 UTC
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