US halts Iran strikes 'for time being,' as focus shifts to economic sanctions, Rubio says - report
Operation Economic Outcast was announced on Monday by US Treasury Secretary Scott Bessent, following earlier threats of an "economic D-Day" against the regime.
The United States has decided to suspend military strikes on Iran for now, according to US Secretary of State Marco Rubio's recent remarks to foreign counterparts. Instead, the country plans to apply economic pressure on Iran through initiatives such as Operation Economic Outcast, announced this week by US Treasury Secretary Scott Bessent.
This strategy aims to sever the remaining financial lifelines of the Iranian regime, with the goal of compelling Tehran to capitulate or face complete isolation. The US Navy has also cleared mines from the Strait of Hormuz, a strategic waterway that Iran previously controlled, giving the US control over the region. While the Trump administration's policy is set to last until after the US midterm elections on November 3, there is a possibility of a renewed military offensive if Iran strikes the US first.
The US State Department Spokesman Tommy Pigott emphasized that the Iranian economy is collapsing, and the regime's military has been significantly weakened. The administration has made it clear that Iran cannot possess a nuclear weapon and will employ all necessary measures to achieve this objective.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
