- The U.S. launched "Operation Economic Outcast" — a global warning to cut financial ties with Iran or risk being shut out of the U.S. dollar system, dubbed a financial "D‑Day" by Treasury Secretary Scott Bessent.
- Officials offered few public specifics, saying they’re using quiet diplomacy while expanding sanction authority across sectors (digital assets, tech, gold, aviation, shipping) and announcing sanctions on 60 entities — with a big bank-related move teased.
- Iran’s economy is under heavy strain: the rial hit a record low, oil exports have fallen, and Strait of Hormuz disruptions are tightening global energy supplies and pushing U.S. gas prices back above $4/gal.
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