Ray Dalio warns U.S. global power faces major test as Iran sanctions expand

INSIGHT: Ray Dalio warns that U.S. global influence is facing a significant test as Washington expands sanctions targeting countries that continue trading with Iran.
The broader issue extends beyond Iran itself, as secondary sanctions can force governments and companies to choose between maintaining trade relationships and preserving access to the U.S.-led financial system.
Dalio's warning highlights the geopolitical risks that can emerge when economic sanctions become a larger tool of strategic competition.