Iran-US Economic War: US Treasury Secretary Scott Bessent launched “Operation Economic Outcast,” warning countries and companies to cut financial ties with Iran or face secondary sanctions, targeting digital assets, technology, gold, aviation and shipping while sanctioning nearly 60 Iran-linked entities and vessels. Regional Pressure & Hormuz: Iran’s leaders dismissed the campaign as an admission of defeat, while warning of harsh responses, including possible oil-export stoppages and penalties for ships violating Strait of Hormuz rules as a reported tanker was struck in the Strait hours after the sanctions push. Diplomacy Track: Iran’s parliament speaker Mohammad Baqer Ghalibaf said Tehran is following up on a memorandum of understanding and urged America to honor commitments, as Pakistan’s army chief Asim Munir met Iranian officials to support stability. Israel-Iran Claims: Israeli PM Benjamin Netanyahu said Iran tried to kill one of his sons, without details, as tensions continue alongside the wider Iran conflict. Europe Fallout: Netherlands’ broadcaster AVROTROS withdrew from Eurovision 2027 over Israel’s participation, citing the contest’s loss of neutrality. Other Middle East Notes: Saudi Arabia and France urged diplomacy on Iran and condemned attacks affecting Hormuz navigation.