According to CoinMeta, U.S. Treasury Secretary Scott Bessent stated that the United States will launch a "single largest financial offensive" against Iran on Monday. This move comes as Tehran threatens to seize vessels that violate the transit rules of the Strait of Hormuz. Bessent said that the new measures will further strengthen sanctions against Iranian banks, the energy sector, aviation, and the cryptocurrency industry. The Iranian side has warned Gulf neighbors not to join the U.S. economic measures and has vowed to take action against countries that participate in the sanctions.