Treasury Secretary Bessentt is announcing some economic sanctions against Iran in what he terms the economic fury campaign against the Iranians.
- Only a satisfactory outcome in negotiations will and Iran's downward spiral economically .
- The U.S. Treasury will sanction Iran's Persian Gulf Strait Authority
- We also shut down Iranian airlines access to landing spots, refueling, and ticket sales
Do the economic sanctions lead to a framework for an agreement or does it lead to more bombing? That remains the fence the market is sitting on with regard to the war in Iran.