US Treasury Tightens The Blockade - Economic Fury

Added: 2026-06-04

[00:00:01]Welcome to Synom. The economic war on Iran has just intensified and there's now new sanctions on the authority that is charging fees from the Strait of Hormuz. So, I will show you guys all the details in this video and I will show you new attacks that have occurred between Iran and USA as well and a bunch of other news. And today we will also talk about the situation in Ukraine because that is now escalating out of hand. So, without further ado, actually before I go ahead, I just want to thank everybody who's liking these videos, who are subscribed and who follow my work. I don't know many other channels that are actually as accurate on reporting on the situation in Iran that's than my channel. Many channels go back and forth that there's a deal, there's not a deal, but I have been very consistent from the start. The only thing that I've been wrong on is that the oil price is not reflecting reality uh because most people don't still subscribe to reality.

[00:01:03]So, if you want to subscribe to reality, consider following me on this platform.

[00:01:09]Now, let's get to the juicy part right in the beginning. So, this is the US Treasury uh website and now we have an update from yesterday. This These are essentially new sanctions under the economic fury which is the operation that Scott Bessent launched to attack Iran economically.

[00:01:31]So, this These new sanctions are against Iran's so-called Persian Gulf Strait Authority. The authority that is collecting these environmental fees uh which is essentially the ransom to transit the Strait of Hormuz. So, now anyone cooperating with the so-called Strait of Strait Authority may be providing support to and receiving services from the IRGC which ultimately benefits from this attempted extortion and may therefore be exposed to sanctions risk.

[00:02:06]And these things include such as toll payments including payments made via fiat currency, digital assets, offsets, informal swaps, or other in kind payments such as nominally charitable donations, and providing sensitive vessel information.

[00:02:25]And then we go into detail on the economic theory which is putting maximum pressure on Iran. So the key point essentially in all of this is that the US Treasury is aggressively advancing economic theory. So this is again going completely 180 on the idea that they are about to make a deal and easing sanctions. They are putting more sanctions on Iran. So a deal is nowhere close.

[00:02:56]And also what these sanctions essentially do is that if you are a boat and you want to go through the Strait of Hormuz, you have to pay Iran a toll to go through.

[00:03:07]Now if you do pay the toll now to Iran, then your company will no longer be allowed to use the Western banking system. So essentially right now the situation is that any Western country well basically any country that is going through the Strait of Hormuz, if they give the toll to Iran, they can kiss goodbye to any services in the United States and in all of the Western countries because United States has such influence. Essentially no ships are currently going in and out.

[00:03:44]Maybe some Chinese ships might go through that are specifically engineered to be sanctions proof that those Chinese ships uh don't mind that they are blocked out of the US uh systems because they don't have any exposure to US systems. So, there could be ships like that that go through essentially bypassing the sanctions, but mostly, let's say 95% of the traffic is still closed.

[00:04:15]Then, essentially, the only way I want to before I go into the heavy stuff and all of the explosions and everything, the way the only way to open the Strait of Hormuz toll free, in my opinion, is that step number one, United States will have to leave the Middle East.

[00:04:35]There's no alternative to this.

[00:04:37]Uh militarily, it is impossible to open the strait because it only takes a couple of drones to block the strait, but it requires uh essentially uh having Iran completely collapse militarily to uh to open up the strait. So, closing it is easy, opening it is very hard.

[00:04:59]Step number two, there has to be a regional treaty with Gulf countries and Iran together. And that is the path that Iran is currently working towards.

[00:05:10]And when they have this regional treaty, then uh Iran will have no enemies, which means no toll. And that is the only way this will ever work. But obviously, United States will never accept this.

[00:05:22]So, this is a dead-on-arrival arrival idea, which means that this blockade will just continue and continue and continue until one taps out. But that is not where we are right now. But in my opinion, this is the only way feasible way the that we avoid complete war. And even in that scenario, I don't think USA would win because they already tried it twice. So, uh this would be the only way it would open, but right now we're not seeing the uh movement towards this reality.

[00:05:57]Then this was super funny. So, Reuters made an article saying that Iran state TV says draft deal with US would reopen Hormuz shipping and end the naval blockade. And in this article that came out yesterday, they cite Iran's pay uh state TV.

[00:06:15]So, Iran's state TV said it had obtained a draft of an initial unofficial framework for a memorandum of understanding between Iran and the United States on ending their conflict.

[00:06:32]So, first of all, they're citing Iran Somebody on TV said something. That's the first uh clause here. The second is that it's a draft of an initial unofficial framework, and then a memorandum of understanding, which is essentially still not the final deal. So, there's like six different clauses in one single paragraph. So, I fell off of my chair when I saw this that people actually believe that a peace deal is is close when they don't even agree on a draft of the initial unofficial framework right now.

[00:07:12]Anyway, let's continue.

[00:07:15]Uh Marco Rubio went to Armenia, and they have now agreed on a corridor, which would essentially uh allow trade between Asia and Europe.

[00:07:27]And this is also pretty funny. Uh US President Donald Trump's administration has been working on a road and rail corridor initiative named after him. The name is the route for international peace and prosperity.

[00:07:47]Short name is trip. That would run through Armenia and connect Azerbaijan with its Nakhchivan exclave cut off from Armenian territory.

[00:08:00]Now, a little bit backstory obviously needed for this and why it's relevant to our conflict is because Armenia is situated right above Iran and essentially right below Russia. This part here is Russia. There's Georgia here and Russia had a war between Georgia.

[00:08:19]Uh well, essentially it wasn't a war against Georgia. Georgian government asked help from Russia because there was essentially a US-backed coup attempt in Georgia uh before the Ukraine war and Russia sent its military there and they were essentially able to quell down the coup and the revolution.

[00:08:41]And then um for the most part, Russia has left Georgia since. But Armenia is in the same area here. They have the Kurds here that were tried to be used against Iran at the start of the war and right now, if you are flying from Europe to Asia or from Asia to Europe, you're flying through this narrow space because airplanes are not allowed to go through Iran or through Russia. So, if there is a war or a bad situation in Armenia, Azerbaijan or Georgia, then essentially flight between Asia and Europe will become impossible.

[00:09:20]So, United States is making moves in Armenia, obviously, to uh try to get Armenians on their side.

[00:09:29]Would be very bad if air traffic traffic would be blocked in this area for Western airplanes.

[00:09:36]So, anyway, I think at the bare bones, even though I'm laughing at this idea, the basic idea is good. I like free trade. So, if it actually does that, then I'm happy. But, there's a lot of corruption behind it, obviously. So, Armenia would give the United States 70% share in this new trip development company with an explicit promise to benefit US companies. So, you can already see where the the corruption is hidden.

[00:10:11]Foreign aid to Armenia, and the money essentially goes back to US companies.

[00:10:17]And US companies could be be a consulting company led by one of Trump's son-in-laws.

[00:10:25]Perhaps, I don't know. But, anyway, that's the situation with Armenia. Some moves being made there.

[00:10:33]Now, let's turn our focus for a while on uh Ukraine and Russia.

[00:10:37]The situation is now getting out of hand. Russia has never done what they are now doing. So, Russia is now pressuring United States and Ukraine's allies to flee Kiev, and they are threatening systemic strikes. And this is coming from the drone strikes that we have seen entering into Russia from NATO airspace. And still now, NATO is trying to deny that the airspace is weaponized against Russia.

[00:11:08]But, Russia obviously has a different take, and they would not do this if that wasn't the case. So, right now, Russia is pressuring essentially the Western spies and military personnel and diplomats to get out of Kiev.

[00:11:25]But, what are the the Western countries doing about this?

[00:11:31]They have Kremlin's call to leave Kiev. So, they vowed to stay put and framed the threat as signs of desperation.

[00:11:42]>> [snorts] >> But, I believe that Russia's red lines have been crossed too many times. So, this time Russia will actually strike these diplomats and strike these Western uh buildings. Not the diplomatic buildings, but if diplomatic personnel are in these buildings in these Western think tank buildings or they are gathered together in producing drones or planning strikes against Russia, Russia now considers them as legitimate targets. Now, the reason why I'm saying this is not that I'm taking the side of Russia, but I'm saying that this war is now escalating and is about to flare up big time if uh Western diplomats are being killed in this war. So, I don't know if Russia will do this, but I feel like they will target whatever they want to target from now on. They are essentially gloves off.

[00:12:45]So, now it's essentially just a matter of time before some somebody important dies from the Western side.

[00:12:53]And then it's on the Western side to essentially escalate back to Russia.

[00:12:58]So, that's where the uh situation in Ukraine is right now.

[00:13:02]Then, uh going to Iran and USA.

[00:13:07]There have been more strikes by each country. So, here are the clashes between the US Navy and IRGC near the coast of Bandar Abbas, which is essentially in the Strait of Hormuz.

[00:13:19]So, a number of drones were also launched by Iran against US forces.

[00:13:24]So, in this video, you see a drone flying here uh targeting the uh some of the uh US Navy assets.

[00:13:33]And that is not the only video. We also got a uh update here from Tasnim News that IRGC has now targeted an American air base, and they claim that an American air base was the origin uh origin of aggression, and that was targeted at 4:50 a.m. Iran time. And this came out essentially just uh 4 hours ago.

[00:14:01]And then here we have uh confirmation from Western sources as well that these strikes took place. So, Jesse Waters, who is from the Fox News, said that Trump just bombed Iran again. So, I'll play the first uh couple of seconds of this clip.

[00:14:17]>> Fox News alert, we just carried out a new wave of strikes in Iran. The Pentagon confirming to Fox the US forces struck four Iranian drones posing a threat to the strait. CENTCOM also bombing an Iranian military site that was seconds away from launching a fifth drone.

[00:14:33]We're told these strikes were purely defensive and intended to maintain the ceasefire, quote unquote.

[00:14:40]>> So, there we have it, the confirmation.

[00:14:43]Now, why did Iran send these drones first? The answer to that question is that yesterday or the day before uh USA targeted Iran's missile silos and some other buildings inside Iran, and Iran promised to fire back. So, this these four drones or five drones, this was the uh the retaliation. Very limited. So, for now, it seems like things have things are actually normalized. So, right now I'm uh pos- uh I'm confident or I'm uh positive that things will not escalate and Trump will not escalate back because then we're just going to flare up back into war and Trump has given the signal that he doesn't really want to do that. They are now mostly focusing on the economic war.

[00:15:35]But in the meantime, Pete Hegseth posted this and they are quoting the official rapid response account from White House.

[00:15:45]In this clip here, Trump is saying "They're starting to give us the things that they have to give us and if they do, that's great.

[00:15:55]And if they don't, then the man on my left is going to finish them off and the man on his left on this side here is obviously uh Pete Hegseth. So, Pete Hegseth says the man on his left agrees. So, they are ready to uh do more strikes into Iran, but right now it doesn't seem like an invasion is actually on the uh agenda. But when it comes to these strikes, I have to emphasize that we're heading into the FIFA World Cup finals and that will be in uh in the uh United States. So, it will be very awkward for FIFA if the war is actually hot during that time. And then we are headed for July 4th, obviously, which is a big celebration. So, if there's a flare-up towards those two events, it will make Trump look very, very bad and it will put FIFA in a very awkward situation.

[00:16:57]The whole event will become politicized and people will not focus on the football as much. So, right now, even though they are essentially ready on the trigger, it doesn't seem like they really want to start actually another wave of war in Iran. So, these strikes that we're currently seeing back and forth, maybe these will continue.

[00:17:21]Maybe Israel does something, but I feel like it's less likely that a big military flare-up is coming in the next uh well, in the time that FIFA World Cup is in in in the country.

[00:17:37]Then uh Department of State also posted from the same cabinet meeting uh that President Trump said the strait is going to be open to everybody. It's international waters. We'll watch over it, but nobody's going to control it.

[00:17:52]And this is important. Oman will behave like everybody else, or we'll have to blow them up. They understand that. So, now uh Trump is essentially giving a direct threat to Oman, which is the country here and in the tip of the Strait of Hormuz. So, Iran has suggested that Oman and Iran share the fee that is collected through the passage through the strait.

[00:18:24]But now Donald Trump has given a direct warning to Oman that if you ally with Iran, then we will blow you up. So, that is great way to make friends, obviously, but uh it just doesn't tell me that things are finding a solution to this problem.

[00:18:45]And obviously, Donald Trump will not agree Iran controlling the strait, either.

[00:18:52]So, anyway, that's the uh the situation there. And then let's take a look at what Iran says now. So, the head of the National Security Commission of the Iranian Parliament says, "Iran will not be pushed back by Trump's rhetoric from its red lines.

[00:19:10]The right to enrich uranium, possession of enriched uranium, authority over the Strait of Hormuz, and the removal of sanctions. These are the bare minimum that Iran will accept. It is obvious Trump, seeking a way out of this strategic deadlock, alternates between issuing threats and appealing for an agreement. But right now, no agreement will be on the table. Iran will not back down, United States will not will not back down. So, we will stay in this blockade for now.

[00:19:43]And then, going to Israel and Lebanon situation, the Israeli Air Force carried out another large wave of air strikes on the city of Tyre, southern Lebanon.

[00:19:56]Massive explosions were seen in the city.

[00:19:59]Big explosions and also there were footage of Hezbollah drones targeting Israeli military equipment.

[00:20:10]So, back and forth.

[00:20:13]And here also, just a final final note, essentially final explosions. This is a Russian corvette in the Caspian Sea, and Ukraine was able to strike it not one time, but two times, as you can see from the footage. And it probably went completely I don't know if it sank, but it went completely out of operation.

[00:20:41]So, that's where we are right now. Big escalations in the Ukraine-Russia war, but between Iran and USA, the phase of continuous the tit-for-tat explosions may or may not continue, but I feel like just the economic war side of things will escalate from here, and the movement between the strait will become increasingly limited as we go into the summer. Meanwhile, the price of oil a nice nice move back to the upside here. Right now we have a little bit of a pullback, but it seems like if you look at the the movement here, we are essentially coming out of this downturn here and right now could be a nice time to long oil if you are planning to do something like that. Now, obviously that is not financial advice.

[00:21:37]It's just something that I'm observing here. The momentum to the downside seems to be slowing down at least.

[00:21:47]Although when we hop over to the daily view, there's not really or the four-hour view, there's not really actually on the four-hour view. We do have a bullish divergence on the RSI as well.

[00:22:01]So, looks like a move to the upside makes sense from here. But, obviously I could be wrong and this is not financial advice. I'm still longing oil anyway and if we go lower, I'll just buy more and that's my idea for now.

[00:22:17]If you like this video, like like this uh uh this content, subscribe perhaps, leave a comment if you want to boost the algorithm. And if you want to join my Discord group, it's absolutely free and we talk about everything on the politics side, but also there's a lot of investment ideas from great members in our community, so you can consider joining that as well. See you guys on the next one. Bye-bye.