Trump, Treasury Sec. Bessent and other admin officials are claiming Iran will soon feel such significant financial pressure that they'll cut a deal. But the worst financial pressure is months away and if Hormuz is not opened by then, the global and domestic economic pain will be substantial.
Scott Waldman
Trump bets on quick Iran oil crunch. Experts see prolonged pain and rising costs.
dlvr.it
Politico
Administration officials say Tehran is days from crisis, but analysts see a slower squeeze with global price shocks already hitting U.S. consumers and reshaping the political fight.
