Timeline
Scott Bessent
US Treasury Secretary in the second Trump administration; architect of Iran sanctions enforcement in 2026.
49 of 49 entries (42 events, 7 interactions)
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#9511 May
Authorised and publicly announced the Economic Fury SDN designations
Iran Conflict 2026: Economic Fury hits four Hong Kong shells#928 May
Sent warning letters to two unnamed Chinese banks cautioning against secondary-sanctions exposure for Iran-linked transactions
Iran Conflict 2026: Beijing splits MOFCOM defiance from NFRA loan halt#916 May
Confirmed Iran would be on the Trump-Xi summit agenda
Iran Conflict 2026: China splits on Hengli before Trump-Xi#906 May
Xi denies arms transfers ahead of summit
Iran Conflict 2026#906 May
Mentioned in: Iran's strait authority opens to silence
Iran Conflict 2026#81 May
Mentioned in: AISI: GPT-5.5 matches Mythos on 32-step attack
AI: Jobs, Power & Money#861 May
Named as author of the Hormuz toll sanctions alert
Iran Conflict 2026: OFAC issues GL-W on same Friday#7924 Apr
Framed shadow-fleet action with nuclear-programme language for first time in the conflict
Iran Conflict 2026: OFAC sanctions Hengli, China's number two teapot#7420 Apr
Mentioned in: Brent round-trips 9% down and 7% up in a weekend
Iran Conflict 2026#7319 Apr
Mentioned in: GL-U lapses with no renewal at 00:01 EDT
Iran Conflict 2026#7119 Apr
GL-U lapses Saturday with no renewal
Iran Conflict 2026#7319 Apr
Presided over simultaneous Russia extension and Iran GL-U lapse
Iran Conflict 2026: Russia GL-134B extended as Iran GL-U lapses#7419 Apr
Allowed General License U to lapse at 00:01 EDT with no Federal Register notice
Iran Conflict 2026: Treasury signs Russia waiver, lets Iran's lapse#7319 Apr
Iran Conflict 2026 · source event
#218 Apr
Treasury extends Russian oil cover to Cuba
Cuba Dispatch#1517 Apr
Announced GL 134A non-renewal on 16 April, one day before OFAC signed GL 134B
Russia-Ukraine War 2026: OFAC quietly extends Russia crude waiver#7216 Apr
Announced on cable TV on 16 April that GL-U would not be renewed
Iran Conflict 2026: GL-U lapses on a cable-TV quote#1316 Apr
Announced GL 134A non-renewal and called for immediate ceasefire
Russia-Ukraine War 2026: Treasury kills $150M-a-day Russian oil waiver#615 Apr
Mentioned in: AISI confirms Mythos 20-hour attack chain
AI: Jobs, Power & Money#7015 Apr
Announced GL-U non-renewal and secondary sanctions threat on 15 April
Iran Conflict 2026: Bessent threat fails; Brent ignores Treasury#7215 Apr
#7315 Apr
Iran Conflict 2026 · source event
#1211 Apr
GL 134A lapses toward quiet extension
Russia-Ukraine War 2026#610 Apr
Mentioned in: BoE flags agentic AI systemic risk
AI: Jobs, Power & Money#58 Apr
Fed and Treasury summon bank CEOs
AI: Jobs, Power & Money#57 Apr
#57 Apr
“co convened emergency wall street meeting”
AI: Jobs, Power & Money · source event
#57 Apr
#127 Apr
“urged treasury secretary to let waiver lapse”
Russia-Ukraine War 2026 · source event
#61 Apr
Mentioned in: Iran names Stargate AI centres as targets
AI: Jobs, Power & Money#4319 Mar
Lifted sanctions on 140 million barrels of Iranian crude on tankers
Iran Conflict 2026: 140m barrels of Iran crude sanctioned#4218 Mar
Took supply-side action to contain oil prices via waivers and authorisations
Iran Conflict 2026: Trump frees Venezuela oil; Hormuz shut#4117 Mar
Mentioned in: Bunker busters hit Hormuz coastal forts
Iran Conflict 2026#4016 Mar
Mentioned in: Trump rejects every Pentagon off-ramp
Iran Conflict 2026#3815 Mar
Mentioned in: IRGC: our best missiles are still unused
Iran Conflict 2026#3815 Mar
Mentioned in: Brent breaks $106, 50% above pre-war
Iran Conflict 2026#3815 Mar
Disclosed the US was deliberately allowing Iranian tankers through sanctions
Iran Conflict 2026: US lets Iranian oil fund Iran's war#3614 Mar
Mentioned in: Trump demands allied warships at Hormuz
Iran Conflict 2026#3514 Mar
Mentioned in: Trump: reopen Hormuz or I hit the oil
Iran Conflict 2026#3514 Mar
Mentioned in: Trump: regime change a very big hurdle
Iran Conflict 2026#3413 Mar
Mentioned in: Three officials, three lines on Hormuz
Iran Conflict 2026#3311 Mar
Mentioned in: Brent closes above $100 for first time
Iran Conflict 2026#3311 Mar
Mentioned in: Two cabinet members split on Hormuz
Iran Conflict 2026#511 Mar
Issued 30-day waivers covering ~124 million barrels of Iranian crude
Russia-Ukraine War 2026: 124m barrels of Russian crude freed#236 Mar
Mentioned in: Spain sends warships; bars base access
Iran Conflict 2026#236 Mar
Mentioned in: EU backs Spain after Trump threatens it
Iran Conflict 2026#236 Mar
Mentioned in: Germany weighs joining Iran campaign
Iran Conflict 2026#225 Mar
Tasked by Trump to cut off all dealings with Spain
Iran Conflict 2026: Trump orders Treasury to cut off Spain#64 Feb