U.S. Treasury Secretary Scott Bessent's Economic Pressure on Iran

U.S. Treasury Secretary Scott Bessent has been leading an aggressive economic campaign against Iran, dubbed 'Operation Economic Outcast'. The initiative, launched on August 24, aims to sever every economic lifeline for the Iranian regime. Since then, the Treasury has sanctioned 36 targets tied to Iran's aviation sector, including every one of Iran's remaining airlines, and hit Russia's VTB Bank for helping Iran avoid sanctions. The U.S. has also pressured other countries to cut off Iranian airlines and banks, with Turkey, Oman, and the UAE suspending flights and transactions. Iran's economy is collapsing under this pressure, with the value of the rial plummeting to record lows.