Washington is winning battles and losing the war.
https://x.com/Its_ereko/status/2044315099263901697
The US Treasury Secretary just put it in plain English.
We are partnering with Gulf allies. They are sharing Iranian bank accounts. We are reaching out to Chinese banks. Any Iranian goods purchases are forbidden. Secondary sanctions if you don't comply.
No more diplomacy. No more negotiations. Just commands.
The message to every bank in China, every trader in Dubai, every government from Jakarta to Caracas is simple: stop doing business with Iran or we cut you off from the dollar.
But here's what Washington doesn't understand. The more they threaten, the faster the world builds alternatives. China already has CIPS. Russia has SPFS. The BRICS are working on a common payment system. Every sanction, every threat, every "secondary sanctions if there's a problem" pushes the global majority one step closer to walking away from the dollar entirely.
Washington is winning battles and losing the war.

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