Sanctions disrupt Iranian military procurement, impacting sovereign credit risk and oil supply chains.
What changed
THROUGH ECONOMIC FURY, THE TREASURY DEPARTMENT IS DISRUPTING THE FOREIGN PROCUREMENT NETWORKS THAT SUPPORT THE IRANIAN MILITARY’S EFFORTS TO ACQUIRE WEAPONS. TREASURY HAS FROZEN THE IRANIAN REGIME’S ASSETS, SEVERELY DISRUPTED ITS ECONOMY, AND DISMANTLED THE IRANIAN WAR MACHINE. TREASURY WILL NOT TOLERATE ANY SUPPORT OF THE IRANIAN MILITARY. — VIA @SECSCOTTBESSENT