Macro Finance
Bessent ‘Economic D-Day’ Seen as Warning Shot
Bloomberg Markets·August 26, 2026·1 min read
The US 'economic D-Day' against Iran proved less impactful than expected, according to Bloomberg. Scott Bessent provided few details on the administration's new initiative aimed at opening the Strait of Hormuz. Dan Tannebaum of Oliver Wyman compared this move to previous Trump Administration threats in the tariff space, noting differences in execution.
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