Economic D-Day

Economic D-Day, officially designated Operation Economic Outcast by the US Treasury, is the name given by US President Donald Trump and Treasury Secretary Scott Bessent to a campaign of... Wikipedia

• Date:  20 August 2026 – present (less than a year)
• Causes:  Stalled ceasefire talks between the United States and Iran, continued Iranian disruption of shipping through the Strait of Hormuz
• Goals:  Isolating Iran's economy from global trade and finance, pressuring third countries, including China, to halt purchases of Iranian oil
• Methods:  Sanctions on oil smuggling networks, swap lines, cash transfers, exchange houses, ship registries and front companies, secondary sanctions on countries and financial institutions doing business with Iran
• Status:  Ongoing
• Data source:  DuckDuckGo