New Iran Sanctions Expected to Fail Amid US Military Impotence

New ferocious sanctions against Iran are likely to fizzle as Treasury intervention fails, with more evidence of US military impotence. Ansar Allah has also made drone strikes into Saudi Arabia.

21 Aug, 10:00 — 21 Aug, 10:00

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naked-capitalismMixed3d ago

Iran War: Bessent Effectively Admits New Ferocious Iran Sanctions Likely to Fizzle as Treasury Intervention Fails; More Evidence of US Military Impotence; Ansar Allah Makes Drone Strikes Into Saudi Arabia

Today's Iran war news: As Bessent and Trump flail about, a discussion of what the coming crisis might look like.

By Yves Smith

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New Iran Sanctions Expected to Fail Amid US Military Impotence

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Iran War: Bessent Effectively Admits New Ferocious Iran Sanctions Likely to Fizzle as Treasury Intervention Fails; More Evidence of US Military Impotence; Ansar Allah Makes Drone Strikes Into Saudi Arabia

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