Treasury's explicit policy to sever Iran's shadow fleet and banking networks signals major fixed-income market disruptio
What changed
IRAN’S ECONOMY IS FLOUNDERING AND ITS MILITARY IS DECIMATED. THROUGH ECONOMIC FURY, TREASURY WILL CONTINUE TO SEVER IRAN’S SHADOW FLEET, SHADOW BANKING NETWORKS, AND ACCESS TO GLOBAL TRADE. — VIA @SECSCOTTBESSENT