Scott Bessent: “I just think it's an embarrassment. Doesn't affect his ability on the international stage.”

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 think there is a chance we may have a deal today or tomorrow to open the Strait and move towards a more normalized position in this conflict.

We are giving everyone the opportunity to remedy bad behavior," Bessent said.

Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.