US unveils 'Operation Economic Outcast' to severely squeeze Iran's economy

The US Treasury has unveiled Operation Economic Outcast, aiming to cut Iran off from the global economy and threaten third parties with sanctions as the Iran war reaches its six-month mark.

• The US Treasury launched Operation Economic Outcast against Iran.
• The Iran war reached its six-month mark with no clear final exit strategy.
• Iran and Oman are discussing safe passage through the Strait of Hormuz.