Iran's 'Economic D-Day': U.S. widens sanctions, tells countries to pick a side

The U.S. widened sanctions on Tehran, framing an escalating policy of economic pressure (“asphyxiation”) on the Iranian regime. The move is likely to disrupt trade and financing links across the Gulf and increase compliance and delivery risk for shipments involving Iran and associated counterparties, with potential spillovers to energy markets depending on crude/product flows.