US Launches Economic War on Iran with 'Single Greatest' Financial Offensive

US Treasury Secretary Scott Bessent has declared an economic war on Iran, calling it the 'single greatest' financial offensive ever launched against an adversary.

The campaign is expected to target not only Iranian entities but also those buying Iranian oil, facilitating flights, and enabling fuel transfers at sea.

This move comes as a significant escalation in tensions between the US and Iran, with the Straits of Hormuz being a crucial chokepoint for global energy supplies.