US Treasury Department

US Treasury Secretary Scott Bessent moved to military base after Iranian threats - report

The newspaper reported that US officials have noted that Iran's ability to carry out large-scale attacks in the US and other territories overseas is limited.

US Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, DC, US, August 24, 2026.
Security personnel stand near the Shalamcheh border crossing between Iraq and Iran, after Iraqi authorities ordered its closure as a precautionary measure following the latest drone attacks on Saudi Arabia, in Basra, Iraq, September 12, 2026.

Iraq to reopen Sheeb border crossing with Iran, temporarily close Mandali border

US Treasury Secretary Scott Bessent stands behind U.S. President Donald Trump who speaks to the media on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Trump administration weighs order targeting nonprofits over alleged terrorist ties - report

Iranians drive next to a billboard displaying pictures of nuclear scientists, centrifuges and a sentence reading in Farsi: " Science is the power", at the Enqelab square in Tehran, on August 29, 2025.

US offers reward of up to $20 million, possible relocation for information on Iran nuclear program


Iran unable to pay troops, fund proxies under Operation Economic Outcast, Bessent says

The operation, which was announced August 24, aims to cut Tehran's funding for the war, missile construction, cyberattacks, and the Islamic Revolutionary Guard Corps (IRGC).

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.

US campaign to cripple Iran's economy risks falling short without global partners, experts say

Washington Institute experts warn that the economic campaign on Iran needs stronger international sanctions coordination and counterterrorism cooperation to disrupt Iran's financial networks.

US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran, describing them as "an economic D-Day", in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC.

Iran economy faces 25% deeper contraction amid soaring inflation, major employment crisis

US Treasury Secretary Scott Bessent said he predicted the Iranian economy would contract an additional 25% by next March and recommended that Iranian civilians begin stocking up on gasoline.

An Iranian woman walks next to an anti-Israeli mural on a street in Tehran, Iran, May 18, 2026.

US Treasury announces sanctions on Iranian railway, automotive industries

Among entities added to the Office of Foreign Assets Control’s Specially Designated Nationals List as part of the new sanctions is the Islamic Republic of Iran Railway Company.

A train arrives at the newly-opened Maryam Moghaddas (Virgin Mary) metro station, near the Sarkis Cathedral of the Armenians, in Tehran on October 18, 2025.

Pakistani defense company, CEO, among entities sanctioned by US over alleged support to Iran regime

The Treasury alleged that Tajammal and Cavalier Group acted as third-party intermediaries for MODAFL and that Tajammal used his contacts to assist Iran in procuring and distributing weapons.

The national flags of Pakistan and Iran flutter outside the President House in Islamabad on June 22, 2026 on the eve of Iran's President Masoud Pezeshkian's visit to Pakistan amid the US-Iran peace talks.

US sanctions 13 international entities over allegedly procuring weapons for Iran's Defense Ministry

The sanctions, part of Operation Economic Outcast, include entities based in China, Hong Kong, and Pakistan.

A symbolic mockup of an Iranian missile is displayed in Tehran Monday, 27th April 2026

Iraqi Airways to resume Iran flights in October after securing US exemption

The announcement follows Reuters reporting on Monday that the Trump administration was set to grant a one-month US Treasury waiver allowing Iraqi Airways to fly between Iran and Najaf.

Iraqi Airways aircraft are parked at the gates at Baghdad airport on February 20, 2025; Illustrative.

US official gives ultimatum to nations in Middle East: Stop trade with Iran, or US will cut ties

In total Burke, a top US Treasury Department official, visited over 50 countries across the Middle East and Europe, warning them to cease relationships with Iran.

US military officers salute the remains of US Army Maj. Bianca Wilkerson, who died in a non-combat related incident while deployed in Doha, Qatar in support of military operations connected to the US-Iran war, during a dignified transfer at Dover Air Force Base in Dover, Delaware, US, September 26.

Tehran threatens regional airports complying with US flight ban targeting Iranian airlines

“If a country cooperates with or embarks on adventures with the United States, its airports will no longer be able to operate flights,” Rezaei threatened.

Large plume of black smoke rises from the fuel storage area at King Khalid International Airport, in Riyadh, Saudi Arabia, September 19, 2026.

Iranian airlines to be cut off from global system as US Treasury announces secondary sanctions

The move is part of the Trump administration’s Operation Economic Outcast, designed to ramp up economic pressure on Tehran alongside the conflict with Iran.

An Airbus A310-304 aircraft of Iranian airliner Mahan Air sits on the tarmac after landing at Sanaa International Airport in the Yemeni capital on March 1, 2015; Illustrative.