U.S. Doubles Down on Hormuz Blockade to Choke Iran’s Oil Exports ...Middle East

Economy by : (OILPRICE) -
The U.S. continues to seek to pile pressure on Iran with the naval blockade outside the Strait of Hormuz as the Trump Administration signals the blockade is yielding results and will not be lifted anytime soon. “While the surviving IRGC Leaders are trapped like drowning rats in a sewage pipe, Iran’s creaking oil industry is starting to shut in production thanks to the U.S. BLOCKADE,” U.S. Treasury Secretary Scott Bessent said in a post on X on Tuesday. “Pumping will soon collapse. GASOLINE SHORTAGES IN IRAN NEXT!,”…

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