#OilHoldsLosses

Treasury Secretary Bessent announced “unprecedented” economic actions aimed at severing Iran’s links to the global economy, targeting five “lifelines”: digital assets, technology, gold, aviation and shipping. He warned that any country continuing business with Iran may face U.S. sanctions.
Iranian Supreme Leader adviser stated that Iran’s response would be more resolute than before and highlighted deterrence capabilities in the Strait of Hormuz.

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