U.S. Treasury Secretary Scott Bessent stated that Iran's oil lifeline has been "destroyed," with its shadow tanker fleet depleted and major oil terminals empty.
U.S. Treasury Secretary Scott Bessent stated that economic actions against Iran have "destroyed every layer of Iran's oil lifeline." He posted on X that Iran's "shadow tanker fleet has been depleted, major oil terminals are empty, and offshore reserves are now exhausted." Bessent also noted that ordinary Iranians are suffering from a deepening economic crisis because the Iranian regime is wasting resources on overseas violence and terrorism. Iran has not yet commented on Bessent's latest allegations. Analysts believe that the "economic exile operation," launched two months ago, has severely damaged the Iranian economy, but Tehran is unlikely to change its negotiating stance as a result.
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