Defense Secretary Pete Hegseth declared Monday that the Trump administration’s economic campaign against Iran is inflicting more damage on Tehran than any airstrike, even as he refused to take military options off the table.
Hours after Treasury Secretary Scott Bessent unveiled a new pressure initiative dubbed “Operation Economic Outcast,” Hegseth told reporters in Oshkosh, Wisconsin, that Iran’s economy “is in a spiral” and that the regime’s only path forward runs through the negotiating table. The coordinated rollout, economic threats from Treasury in the morning, a Pentagon chief reinforcing them by afternoon, marked the clearest signal yet that Washington intends to choke Tehran financially while keeping warships in position to act.
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