GeopoliticsIMPORTANT
US Treasury Secretary Bessent says 85-90% of Iran's factories have the ability to rebuild; Iran has the 3rd-greatest energy resource; will probably announce bank sanctions this week and next
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US Treasury Secretary Bessent announced upcoming bank and airline leasing sanctions against Iran, emphasizing international support and zero tolerance while noting Iran's capacity to rebuild and potentially rejoin the global system.
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Have great support from the EU, ECB, UK, UAE and Bahrain. Have zero tolerance for Iran and will economically strangle it. Iran sanctions could be on airline leasing companies. Have held private discussions with China regarding Iran. Iran has the chance to come back into the global system.
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