Bessent: Major progress has been made in the US economic blockade against Iran
2026-10-23 22:46:08
According to CoinMeta, US Treasury Secretary Steven Mnuchin recently stated: "The US Treasury Department previously initiated 'economic isolation measures' aimed at further tightening the economic blockade against Iran and cutting off all possible sources of income that could fund the Islamic Revolutionary Guard Corps and its brutal regime. In less than two months, we have severely impacted various aspects of Iran's oil revenue. Its shadow tanker fleet has been significantly weakened, major oil export terminals are empty, and its maritime oil reserves have also been depleted. Meanwhile, the ordinary Iranian people continue to suffer from an increasingly severe economic crisis, as the Iranian regime squanders resources on overseas violence and terrorist activities rather than improving the lives of its own citizens. With President Trump taking actions that his predecessors had long delayed, the United States is no longer just responding to the threat posed by Iran; we are determined to completely eliminate this threat."
Source:Jin10 Data
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