Operation ‘Economic Outcast’ is doomed to fail : a text by Laura Ru

A TEXT BY LAURA RU

Operation ‘Economic Outcast’ is doomed to fail. The US campaign to economically isolate Iran by cutting off all of Iran’s financial channels, including oil revenues, technology, gold, digital assets, aviation and shipping is being met with firm resistance from Iran, which has called it “economic terrorism” and threatened to strike US economic interests, while major powers like China, Russia and Turkey refuse to comply with Washington’s demands. The US Treasury has expanded secondary sanctions in five key areas and threatened to cut off dollar-system access for any company or organization working with Iran. President Trump personally contacted other leaders to urge them to cease interactions with Tehran.

Arab states are divided : the UAE supported the initiative, Qatar prioritizes mediation and Saudi Arabia has remained reserved. China, Russia, and Turkey have all firmly rejected it, stating they will not obey US demands and maintain their economic ties with Iran. India has taken a cautious approach, neither condemning nor supporting the campaign, while facing direct sanctions against some of its companies. European vassals have been ambivalent., criticizing the extra-territorial pressure.

Ultimately, the operation is unlikely to achieve Iran’s complete isolation. Iran has decades of experience in circumventing sanctions through alternative trade routes, financial scheme, a “shadow fleet” and can easily retaliate in the Hormuz Strait.