Bessent: Bank Sanctions on Iran Coming This Week and Next
🏦 TREASURY — Bessent names a timeline; markets now have a countdown. 📌 LOOK CLOSER: A Treasury Secretary naming specific weeks for bank sanctions is an operational signal, not a rhetorical one. This targets the financial plumbing Iran uses to route oil revenues through Iraqi and Chinese intermediaries. With SOMO already denying tanker links, the timing pressure on Beijing — whose refineries absorb sanctioned Iranian crude — just became explicit.
