US launches 'Operation Economic Offensive' against Iran

The United States is launching a large-scale economic pressure campaign against Iran called 'Operation Economic Fury'. US Secretary of War Pete Hegseth announced the operation, which is being led by the Treasury Department. The move represents a significant escalation in the US's economic warfare strategy against Tehran, aiming to cripple its financial resources. This operation comes amid an ongoing US naval blockade of the Strait of Hormuz and heightened military tensions in the region.