A report by the US Treasury Department obtained by Axios says that Washington's naval blockade, the sweeping sanctions and the disruption of Iran's land export routes have severely damaged the country's economy, increasing the pressure on Tehran. Treasury Secretary Scott Bessant is reportedly urging President Trump to give the economic campaign, dubbed "Operation Marginalized," more time to work instead of rushing into renewed military action. The campaign targets Iran's oil revenues, banking networks, international trade routes, commercial aviation and access to digital currencies, as Washington weighs diplomacy against the possibility of renewed attacks after the US midterm elections.

A report by the US Treasury Department obtained by Axios says that Washington's naval blockade, the sweeping sanctions and the disruption of Iran's land export routes have severely damaged the country's economy, increasing the pressure on Tehran. Treasury Secretary Scott Bessant is reportedly urging President Trump to give the economic campaign, dubbed "Operation Marginalized," more time to work instead of rushing into renewed military action. The campaign targets Iran's oil revenues, banking networks, international trade routes, commercial aviation and access to digital currencies, as Washington weighs diplomacy against the possibility of renewed attacks after the US midterm elections.