Bessent's Gambit: A Risky Game of Economic Pressure Treasury Secretary Scott Bessent has promised to apply "unprecedented economic pressure" on Iran.
Critics argue that this is unnecessary, given that the country is already under naval blockade and subject to thousands of sanctions.
Despite this seeming redundancy, the US appears determined to explore new avenues for exerting its influence over Tehran. One potential target is China's dominant role in buying Iranian oil exports.