Iran Will Have ‘Nothing Left to Trade’ Within 2 Weeks, Bessent Says
The Treasury secretary suggested that Iran wants a deal because it is ‘feeling the pressure’ of Operation Economic Outcast.
U.S. Treasury Secretary Scott Bessent stated that Iran’s economy is facing imminent collapse, with the country having potentially nothing left to trade within two weeks. Bessent indicated that Iran has limited oil reserves remaining for delivery and that its final oil shipments to China are expected soon. These statements follow President Trump’s rejection of an Iranian proposal concerning the Strait of Hormuz.
- U.S. Treasury Secretary Scott Bessent predicts Iran’s economy will have ‘nothing left to trade’ in approximately two weeks.
- Bessent stated Iran has only about 15 million barrels of oil remaining for delivery.
- The limited oil reserves are due to increasing U.S. pressure on Tehran to make a deal.
- Iran’s final oil deliveries to China are expected soon, after which they will have ‘nothing’.
- President Trump rejected an Iranian proposal to reopen the Strait of Hormuz.
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