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Crypto@SecScottBessent on XFiled 4 days ago

A post by @SecScottBessent on X.

Open the post on XPosted by @SecScottBessent on x.com

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Treasury Secretary Scott Bessent said in a post on X that under "Operation Economic Outcast," countries are "either with us or against us," warning that Washington knows where they are and will sanction those who keep backing the Iranian regime "whether by land, sea, or air." The remark signals a widening of the administration's sanctions campaign against Iran, with enforcement framed as a binary choice for governments and, by extension, the firms and intermediaries that facilitate Iranian trade. It matters because the language implies secondary sanctions risk can extend beyond direct counterparties to shippers, insurers and banks handling Iranian-linked flows. Watch for the next Treasury designations and any guidance clarifying which sectors and intermediaries fall in scope.

Muhabbit's AI wrote this summary of @SecScottBessent's post in its own words. It can get details wrong, so read the post on X.

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Iran, Scott Bessent, US Treasury