US Treasury Department

US campaign to cripple Iran's economy risks falling short without global partners, experts say

Washington Institute experts warn that the economic campaign on Iran needs stronger international sanctions coordination and counterterrorism cooperation to disrupt Iran's financial networks.

US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran, describing them as "an economic D-Day", in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC.
An Iranian woman walks next to an anti-Israeli mural on a street in Tehran, Iran, May 18, 2026.

Iran economy faces 25% deeper contraction amid soaring inflation, major employment crisis

A train arrives at the newly-opened Maryam Moghaddas (Virgin Mary) metro station, near the Sarkis Cathedral of the Armenians, in Tehran on October 18, 2025.

US Treasury announces sanctions on Iranian railway, automotive industries

The national flags of Pakistan and Iran flutter outside the President House in Islamabad on June 22, 2026 on the eve of Iran's President Masoud Pezeshkian's visit to Pakistan amid the US-Iran peace talks.

Pakistani defense company, CEO, among entities sanctioned by US over alleged support to Iran regime


US sanctions 13 international entities over allegedly procuring weapons for Iran's Defense Ministry

The sanctions, part of Operation Economic Outcast, include entities based in China, Hong Kong, and Pakistan.

A symbolic mockup of an Iranian missile is displayed in Tehran Monday, 27th April 2026

Iraqi Airways to resume Iran flights in October after securing US exemption

The announcement follows Reuters reporting on Monday that the Trump administration was set to grant a one-month US Treasury waiver allowing Iraqi Airways to fly between Iran and Najaf.

Iraqi Airways aircraft are parked at the gates at Baghdad airport on February 20, 2025; Illustrative.

US official gives ultimatum to nations in Middle East: Stop trade with Iran, or US will cut ties

In total Burke, a top US Treasury Department official, visited over 50 countries across the Middle East and Europe, warning them to cease relationships with Iran.

US military officers salute the remains of US Army Maj. Bianca Wilkerson, who died in a non-combat related incident while deployed in Doha, Qatar in support of military operations connected to the US-Iran war, during a dignified transfer at Dover Air Force Base in Dover, Delaware, US, September 26.

Tehran threatens regional airports complying with US flight ban targeting Iranian airlines

“If a country cooperates with or embarks on adventures with the United States, its airports will no longer be able to operate flights,” Rezaei threatened.

Large plume of black smoke rises from the fuel storage area at King Khalid International Airport, in Riyadh, Saudi Arabia, September 19, 2026.

Iranian airlines to be cut off from global system as US Treasury announces secondary sanctions

The move is part of the Trump administration’s Operation Economic Outcast, designed to ramp up economic pressure on Tehran alongside the conflict with Iran.

An Airbus A310-304 aircraft of Iranian airliner Mahan Air sits on the tarmac after landing at Sanaa International Airport in the Yemeni capital on March 1, 2015; Illustrative.

US sanctions Iranian financier's crypto exchange, says it processes Hormuz payments

Treasury said BitBank had routed hundreds of millions of dollars to the IRGC and described the exchange as a key component in Iran’s digital assets-based sanctions-evasion infrastructure.

Crypto Market.

US announces new sanctions against networks aiding Hezbollah, other Iranian proxies in Middle East

The sanctions targeted entities the US Treasury said supported the Iraqi-based Kataib Hezbollah and Lebanon-based Hezbollah.

Hezbollah members salute and raise the group's yellow flags during a funeral.

US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran

The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Donald Trump's campaign to increase economic pressure on Tehran.

A general view of the Treasury Building on day two of a partial government shutdown in Washington, DC, US, February 1, 2026.

Military, economic pressure on Iran may lead to internal uprising, US officials say

US Treasury Secretary Scott Bessent said the pressure on Tehran could lead the Iranian public to rise up against the regime or cause the IRGC to turn against itself.

A security personnel stands guard as Iranians take part in a protest marking the annual al-Quds Day, on the last Friday of the holy month of Ramadan, in Tehran, Iran, March 13, 2026

UAE, Egypt central banks to coordinate with Banque Misr after US threatens to revoke dollar access

The US Treasury alleged that Banque Misr UAE had acted as a “critical node” in Tehran’s access to US currency, processing transactions for companies suspected of evading US sanctions.

(Illustrative) A general view of the new headquarters of the Banque Misr of Egypt, in the New Administrative Capital (NAC) east of Cairo, Egypt, December 26, 2023.