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Home›Bonds & Rates›Economy›U.S. sanctions operation targets Iran’s auto and rail…

U.S. sanctions operation targets Iran’s auto and rail industries

CNBC Markets reports that the latest U.S. sanctions operation, dubbed “Operation Economic Outcast,” is aimed at Iran’s auto and rail industries.

The outlet notes that President Donald Trump previously described the plan as Iran’s “economic D-Day,” and that Treasury Secretary Scott Bessent unveiled it in August.

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