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WorldQuiet 8d · day 9

Treasury report: US blockade and sanctions have crippled Iran's economy

A new Treasury Department report says the naval blockade, sanctions and export-route obstruction have severely weakened Iran, bolstering Bessent's case to avoid renewed military action.

newest coverage 8d agosummary written 7d ago3 pieces NewswiresMastodon

What to know

  • A Treasury Department report finds the U.S. naval blockade, sanctions and export-route obstruction have crippled Iran's economy.
  • Treasury Secretary Scott Bessent leads the pressure campaign, dubbed 'Operation Economic Outcast,' and is urging Trump to let it continue rather than escalate militarily.
  • The report is being used internally to argue against rushing back into combat with Iran.

Scott BessentScott Bessent U.S. Treasury SecretaryDonald TrumpDonald Trump U.S. President

How it unfolded 2 developments, newest first · click a bar or a number to jump articlesposts

Peak 2 pieces in two hours at Oct 30, 2 PM; 3 pieces over 9 days (2 articles · 1 post) Oct 30, 2 PM — 2 pieces · 1 article · 1 post — Mastodon 1, Newswires 1Oct 30, 4 PM — quietOct 30, 6 PM — quietOct 30, 8 PM — quietOct 30, 10 PM — quietOct 31, 12 AM — quietOct 31, 2 AM — quietOct 31, 4 AM — quietOct 31, 6 AM — quietOct 31, 8 AM — quietOct 31, 10 AM — 1 piece · 1 article — Newswires 1Oct 31, 12 PM — quietOct 31, 2 PM — quietOct 31, 4 PM — quietOct 31, 6 PM — quietOct 31, 8 PM — quietOct 31, 10 PM — quietNov 1, 12 AM — quietNov 1, 1 AM — quietNov 1, 3 AM — quietNov 1, 5 AM — quietNov 1, 7 AM — quietNov 1, 9 AM — quietNov 1, 11 AM — quietNov 1, 1 PM — quietNov 1, 3 PM — quietNov 1, 5 PM — quietNov 1, 7 PM — quietNov 1, 9 PM — quietNov 1, 11 PM — quietNov 2, 1 AM — quietNov 2, 3 AM — quietNov 2, 5 AM — quietNov 2, 7 AM — quietNov 2, 9 AM — quietNov 2, 11 AM — quietNov 2, 1 PM — quietNov 2, 3 PM — quietNov 2, 5 PM — quietNov 2, 7 PM — quietNov 2, 9 PM — quietNov 2, 11 PM — quietNov 3, 1 AM — quietNov 3, 3 AM — quietNov 3, 5 AM — quietNov 3, 7 AM — quietNov 3, 9 AM — quietNov 3, 11 AM — quietNov 3, 1 PM — quietNov 3, 3 PM — quietNov 3, 5 PM — quietNov 3, 7 PM — quietNov 3, 9 PM — quietNov 3, 11 PM — quietNov 4, 1 AM — quietNov 4, 3 AM — quietNov 4, 5 AM — quietNov 4, 7 AM — quietNov 4, 9 AM — quietNov 4, 11 AM — quietNov 4, 1 PM — quietNov 4, 3 PM — quietNov 4, 5 PM — quietNov 4, 7 PM — quietNov 4, 9 PM — quietNov 4, 11 PM — quietNov 5, 1 AM — quietNov 5, 3 AM — quietNov 5, 5 AM — quietNov 5, 7 AM — quietNov 5, 9 AM — quietNov 5, 11 AM — quietNov 5, 1 PM — quietNov 5, 3 PM — quietNov 5, 5 PM — quietNov 5, 7 PM — quietNov 5, 9 PM — quietNov 5, 11 PM — quietNov 6, 1 AM — quietNov 6, 3 AM — quietNov 6, 5 AM — quietNov 6, 7 AM — quietNov 6, 9 AM — quietNov 6, 11 AM — quietNov 6, 1 PM — quietNov 6, 3 PM — quietNov 6, 5 PM — quietNov 6, 7 PM — quietNov 6, 9 PM — quietNov 6, 11 PM — quietYesterday, 1 AM — quietYesterday, 3 AM — quietYesterday, 5 AM — quietYesterday, 7 AM — quietYesterday, 9 AM — quietYesterday, 11 AM — quietYesterday, 1 PM — quietYesterday, 3 PM — quietYesterday, 5 PM — quietYesterday, 7 PM — quietYesterday, 9 PM — quietYesterday, 11 PM — quietToday, 1 AM — quietToday, 3 AM — quietToday, 5 AM — quietToday, 7 AM — quietToday, 9 AM — quietToday, 11 AM — quiet 12
Oct 31Nov 1Nov 2Nov 3Nov 4Nov 5Nov 6yesterdaynow · 12:24 PM ET
  1. 2

    Axios republishes the Treasury report findings

    Axios reissues the same report on the Treasury findings, keeping the economic pressure campaign and Bessent's stance in the news cycle.

    1. 1 outlet U.S. blockade, sanctions crippling Iran's economy, Treasury report says

      first by Axios, 8d ago

  2. 1

    Treasury report details Iran's economic collapse under sanctions

    Axios obtains a Treasury Department report concluding that the U.S. naval blockade, sanctions and obstruction of overland export routes have crippled Iran's economy and intensified pressure on the regime.

    “Operation Economic Outcast…”
    — Scott Bessent