U.S. Treasury: Sanctions imposed on nearly 60 entities, individuals, and vessels related to Iran
Bessent: Trump is asking countries to cut economic ties with Iran; the sanctions will be carried out under a “zero leakage” enforcement policy
Bessent: Any economic dealings with Iran will face “comprehensive sanctions by U.S. power”
Bessent: We don’t have unlimited patience; leaders of countries around the world must make decisions
Bessent: The routine Treasury bond auction plan will continue
U.S. expands comprehensive financial pressure on Iran: launches the “Economic Isolation Action,” and five sectors including digital assets are brought under the scope of secondary sanctions

The U.S. has been sanctioning Iran for decades—does this tactic still work!
In fact, I really hope the U.S. sanctions China, so that big bet will drop!