Bessent: Iran Making Final Oil Deliveries to China, Economy to Collapse in Weeks
🛢️ SANCTIONS — Bessent sets a two-week clock China never agreed to honor. 📌 LOOK CLOSER: Treasury publicly naming China as Iran's last buyer and announcing imminent cutoff is an ultimatum dressed as a forecast. If Beijing keeps buying past Bessent's deadline, Washington must enforce or retreat — a credibility trap of its own making. The next variable: whether OFAC secondary sanctions hit Chinese banks within days.
