US Treasury chief claims Iran’s oil lifeline ‘decimated’

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US Treasury Secretary Scott Bessent claims Washington’s economic campaign against Iran has “decimated every layer of Iran’s oil lifeline”, Al Jazeera reports.

“Its shadow tanker fleet stands depleted. Its main oil terminal sits empty. And its offshore reserves are now exhausted,” Bessent writes on X. “Meanwhile, ordinary Iranians continue to endure a deepening economic crisis because the regime squanders its resources on violence and terrorism abroad instead of the prosperity of its people at home.”

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