WASHINGTON, Oct. 1 -- The U.S. Department of the Treasury issued the following news release:
Today, as part of Operation Economic Outcast, the U.S. Department of the Treasury is targeting some of the last significant elements of Iran's failing industrial infrastructure, including its rail and automotive conglomerates. Much like the petroleum sector, Iran's automotive and rail industries have been coopted by the regime and the Islamic Revolutionary Guard Corps (IRGC), whose corruption and self-serving interests have pushed Iran's economy to the brink.
"The Iranian regime's ability to fund its war machine and inflict terror on the world has been severely diminished thanks to Operation Economic Outcast," said Secretary of the Treasury Scott ...