U.S. Readies Major Financial Blitz on Iran as Strait of Hormuz Tensions Escalate

‼️ 🇮🇷 🇺🇸 The U.S. is preparing what it calls its “greatest financial offensive” against Iran as Tehran threatens to seize ships in the Strait of Hormuz. Oman’s foreign minister will visit Tehran on Tuesday to continue talks on arrangements for the waterway, while Iran’s new Supreme National Security Council secretary, Mohsen Rezaei, has warned that Tehran could target the interests of oil-rich neighboring states if they support further U.S. efforts to isolate Iran.

Megabanks Sit on the Sidelines as Deregulation Fails to Spark a Wave

‼️ Citigroup and Wells Fargo are the only U.S. megabanks with capacity under the 10% national deposit cap to acquire a major regional lender, yet neither has acted: Wells Fargo’s Charlie Scharf is open to a transformative deal, while Citi’s Jane Fraser prioritizes organic growth. Even as regulatory barriers ease, North American bank M&A value fell by more than half in the first half of 2026, though Bain forecasts that consolidation could create one to three new $1 trillion-plus megabanks by 2030 and reduce the number of regional banks from 49 to as few as 30