Bessent: If I were an Iranian, I would get all my money out of the rial now

That’s an interesting comment to go with some others:

• We are going to shut down Iran’s oil sector and drone manufacturing capabilities
• We will close Iran’s access to the international financial system
• Sanctions will be used explicitly and aggressively for a maximum impact
• If economic security is national security, Iran will have neither

This should be good for oil as these are some very hawkish comments. You wonder if this pair are on the path to war.

This article was written by Adam Button at www.forexlive.com.