Scott Bessent: “if it’s not broke, don’t fix it.”

Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.

We want to make clear here today that no one is above the reach of U.S. sanctions.

This is going to be the greatest coordinated economic isolation in the history of the world, and we are going to them and saying, you are either with us or against us.

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.