India, Aug. 25 -- US Israel Iran war Latest News: The United States has opened a major new economic front against Iran as the US-Israel-Iran war continues, targeting not only Tehran but also the international financial and commercial networks that help keep the Iranian economy functioning.

On August 24, 2026, US Treasury Secretary Scott Bessent announced Operation Economic Outcast, a sweeping campaign designed to cut off Iran's remaining sources of revenue and increase pressure on foreign companies, financial institutions and other entities that continue doing business with Tehran. The White House said the objective is to sever the economic lifelines supporting the Iranian government and the Islamic Revolutionary Guard Corps (IRGC).

The...