Iran Vows Retaliation as U.S. Launches 'Operation Economic Outcast' Sanctions

Iran vowed retaliation on August 25, 2026, threatening military action and reduced Gulf oil exports, after the U.S. launched "Operation Economic Outcast" — widening sanctions on Iran's military activities, weapons procurement, and petroleum trade. The operation extends a 2026 campaign that has hit Iran's shadow banking network, 100-plus oil vessels, and proxy financing channels.