US Treasury Secretary Scott Bessent said the United States has moved 130 million barrels of oil over the past 14 days and stated that a blockade on Iran, along with what was described as an "economic exile campaign," would destroy the Iranian economy. The remarks were cited by Techub News, which referenced Cointelegraph. The statement relates to US economic sanctions targeting Iran and falls within the broader context of geopolitical conflict. No further details were provided in the source on the mechanics of the oil transfer or on additional policy steps tied to the comments.
US Treasury Secretary Scott Bessent said the United States moved 130 million barrels of oil in the past 14 days and said a blockade on Iran, paired with an "economic exile campaign," would wreck the Iranian economy.
The comments tie back to US economic sanctions on Iran and sit within the wider geopolitical conflict, Techub News said, citing Cointelegraph.
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