US Treasury Secretary Scott Bessent said Thursday that the US is continuing its ‘Economic Fury’ campaign against Iran, highlighting the following measures:

• Iran’s Persian Gulf Strait Authority has been sanctioned, with corporations and states warned against paying tolls or making aid payments.
• The US Naval blockade has prevented Iranian crude from making it to the open seas.
• The US is also shutting down Iranian airlines’ access to landing spots, refueling, and ticket sales.

“Only a satisfactory outcome in negotiations will end the downward spiral,” he warned.