“US Can’t Bomb Its Way To Victory”: Scotiabank Maps Bessent’s Coming Economic Hammer On Iran
August 16, 2026Brent crude futures ended last week near $88.50 a barrel as traders awaited details of Treasury Secretary Scott Bessent’s planned escalation campaign of the economic war against Iran.
Bessent said Friday that Washington would announce unprecedented economic-isolation measures next week, warning that the coming pressure campaign would be unlike anything “seen in the history of economic isolation on a country.”…
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