Operation Economic Outcast Needs Off-Ramp, Not Just Noose

Treasury Secretary Scott Bessent did not undersell it. Announcing Operation Economic Outcast on Aug. 24, he framed it as an “economic D‑Day,” a deliberate invocation of allied resolve to justify what he described as an unprecedented effort to sever Iran’s remaining ties to the global economy. The language is dramatic. The harder question is whether the policy can deliver what the rhetoric promises. Read Full Article »