New Treasury Sanctions Slam Iran's Auto, Rail, and Steel Sectors
Of the three, it seems that right now, Treasury Secretary Bessent is doing them the most damage. Today’s action directly targets Iran’s enablers and lays the groundwork for the United States and our partners to drain the regime’s revenue once and for all.There is, also, a press release from Treasury with more details.Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury is targeting some of the last significant elements of Iran’s failing industrial infrastructure, including its rail and automotive conglomerates.
- ▪Of the three, it seems that right now, Treasury Secretary Bessent is doing them the most damage.
- ▪Today’s action directly targets Iran’s enablers and lays the groundwork for the United States and our partners to drain the regime’s revenue once and for all.There is, also, a press release from Treasury with more details.Today, as part of
- ▪Department of the Treasury is targeting some of the last significant elements of Iran’s failing industrial infrastructure, including its rail and automotive conglomerates.
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| Publication time | Thu, 01 Oct 2026 14:42:26 -0400 |
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New Treasury Sanctions Slam Iran's Auto, Rail, and Steel Sectors Ward Clark Follow @TheGreatLander Oct 01, 2026 2:42 PM 2:42 PM on October 01, 2026 Advertisement googletag.cmd.push(function () { googletag.display("div-gpt-728x90_1"); //googletag.pubads().refresh([gptAdSlot["div-gpt-728x90_1"]]) }); AP Photo/Allison Robbert In the ongoing conflict between the Islamic Republic of Iran and the United States, Iran is finding its options are all wrapped up by three primary administration figures, aside from President Trump; they are contending with Secretary of War Pete Hegseth, Secretary of State Marco Rubio, and Treasury Secretary Scott Bessent. Of the three, it seems that right now, Treasury Secretary Bessent is doing them the most damage.
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