Scott Bessent

This economic pressure campaign will not end until this regime stands alone,

We do not have infinite patience here," he told CBS News.

No one is above the reach of U.S. sanctions," Bessent said.

Today, at President Trump's direction, the United States Treasury has begun Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its enablers,

If you insist on doing business with them—either transferring money, buying oil, doing seaborne ship transport—then the US Treasury and the US government, they will put its full might and force towards enforcing against you.

No one is above this. This is economic asphyxiation of this regime … and no one should test our resolve.

Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.

Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.

We want to make clear here today that no one is above the reach of U.S. sanctions.

We are now entering the endgame. At dawn begins an economic D-Day — the single greatest financial offensive ever marshaled against an adversary.

He vowed that this would be the 'greatest coordinated economic isolation in the history of the world.'

This is a sustained campaign to collapse every last option for Iran.