On the recordMay 29, 2026
The U.S. Treasury will aggressively target any actors involved—directly or indirectly—in facilitating tolls for the Strait and any willing partners will be penalized.
Said by
Scott Bessent
The U.S. Treasury will aggressively target any actors involved—directly or indirectly—in facilitating tolls for the Strait and any willing partners will be penalized.
On U.S. sanctions against Iran's toll collection.
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We are going to collapse this regime. It is time for our allies and the rest of the world to make a decision.
If you insist on doing business with them—either transferring money, buying oil, doing seaborne ship transport—then the US Treasury and the US government, they will put its full might and force towards enforcing against you.
I mean we're not at war with Canada. How are we going to be at war with Canada? What, are they going to take their two submarines from the Edmonton mall and sic them on us?
Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime.