Tag: iranian_automotive_industry

Treasury's Operation Economic Outcast Hits Iran's Auto, Rail and Steel Networks

1 Oct 2026 1:07 p.m. · Source: US Treasury

Treasury sanctions Iran's largest automakers, rail operators and steel networks, plus foreign suppliers in Indonesia, UAE, Turkiye, Hong Kong and Germany, under Operation Economic Outcast.

Politics and Government Business World Law Enforcement Federal Government Economy Trade Middle East Military Legal Operation Economic Outcast Iran sanctions U.S. Department of the Treasury OFAC Islamic Revolutionary Guard Corps Iranian automotive industry Scott Bessent US Treasury