Bessent: Iran's Oil Lifeline Dries Up Within Two Weeks
US Treasury Secretary Scott Bessent says Iran will soon have 'nothing left to trade' due to an intense economic pressure campaign. The country's oil lifeline is drying up, with only 15 million barrels remaining for delivery within two weeks.
In an interview with Fox News, Bessent stated that Operation Economic Outcast has left Tehran economically isolated. He emphasized that Iran will have no leverage or bargaining power once it completes its final deliveries of oil to China.
Bessent noted that the US has already secured over one billion barrels of oil, while Iran has been blocked from exporting any significant amount. The Treasury Secretary believes Iran is 'feeling the pressure' and is renewing interest in striking a deal.