Treasury Secretary Scott Bessent said countries would be given deadlines to cease all financial interactions with the Iranian regime or face secondary sanctions. Any entity that "facilitates money laundering on behalf of Iran will be removed from the US dollar system," US Treasury Secretary Scott Bessent said on Monday. Key points and original sources are listed below.

• Treasury Secretary Scott Bessent said countries would be given deadlines to cease all financial interactions with the Iranian regime or face secondary sanctions.S1

• Any entity that "facilitates money laundering on behalf of Iran will be removed from the US dollar system," US Treasury Secretary Scott Bessent said on Monday.S2

• While addressing a press conference, Bessent said, "The US Department of the Treasury has launched Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its neighbours."S3

• The Trump administration on Monday launched “Operation Economic Outcast”, a campaign to further isolate Iran through secondary sanctions on entities supporting its economy. Treasury Secretary Scott Bessent said Chinese companies and financial institutions faci...S4

• US Treasury Secretary Scott Bessent announced what he called an “unprecedented” US campaign to sever Iran from the global economy. He says any country doing business with Iran could face US sanctions. Any country that facilitates money laundering for Iran coul...S5

• The treasury secretary announced new sanctions meant to target Tehran’s enablers and devastate the regime economically.S6