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Operation Economic Outcast: U.S. Treasury Sanctions Iran’s Global Terrorist Proxy Networks

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U.S. Treasury Escalates Pressure on Iranian Financial Networks

photo Scott K. H. Bessent is the 79th Secretary of the Treasury of the United States

the staff of the Ridgewood

Washington DC, As part of Operation Economic Outcast, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced comprehensive sanctions targeting entities, facilitators, and financial channels supporting Iranian-backed proxy groups, specifically Kata’ib Hizballah (KH) and Lebanese Hizballah.

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