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.
TL;DR
- 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.