Summary
- Bessent Unveils "Operation Economic Outcast" Against Iran
- Pakistan enters diplomatic push: Pakistan's army chief reportedly traveled to Tehran after Trump urged him to help reopen Iran talks.
- Iran threatens new tanker action: Tehran blacklisted 45 vessels and warned of further Hormuz attacks.
- US readies sweeping sanctions: Bessent is preparing a sweeping economic offensive targeting Iran and its trading partners.
- Rial collapses: Iran's currency hit a record low as inflation and economic pressures intensify.
- Hormuz leverage in question: Washington & Western sources claim US-supervised shipping through the Oman corridor has surged 400%.
Yes 2% ยท No 98%
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Bessent Talks
Treasury Secretary Scott Bessent will hold a press conference at 1 p.m. to detail the latest sanctions plan against Iran, which he described to CNBC earlier as the greatest campaign of "coordinated economic isolation in the history of the world."
Summary: US Treasury Sanctions Nearly 60 Iran-Linked Entities, Individuals And Vessels Across Nuclear, Missile, Cyber And Oil Networks:
- Five sectors face potential secondary sanctions: digital assets, technology, gold, aviation and shipping.
- Measures target brokerage networks and shadow-fleet vessel
