U.S. Treasury Secretary Scott Bessent said that the United States has seized nearly $500 million in Iranian crypto assets in the “Operation Economic Fury” operation and has frozen Iranian-related bank accounts, overseas assets, and reserves. He also said that the U.S. has recently increased pressure on Iranian oil buyers, warning that secondary sanctions could be imposed on relevant industries and banks; meanwhile, the U.S. blockade of ports related to the Strait of Hormuz has brought loading activities at Iran’s Kharg Island port close to a halt. (Fox Business)