APRIL 15, 2026 AT 05:44 PM
US Treasury Secretary Bessent says Iran's neighbours more transparent now on Iran banking; US has requested that IRGC funds and those of leadership be frozen
Importance
Level 1
- US has told countries that buy Iranian oil that US is willing to do secondary sanctions.
- Waiting for ships to get some sense of normality.
- Ships can get request insurance from DFC.
- US wants to provide a normal level for ships through Gulf.
- We think blockade paused China buying Iran oil.
- Two Chinese banks got letters from Treasury. Warned Chinese banks of secondary sanctions possible.
- Won't renew Iranian or Russian oil waivers.