US Treasury Secretary says blockade on Iran will 'crush failing Iranian economy'

US Treasury Secretary says blockade on Iran will 'crush failing Iranian economy' US Treasury Secretary Scott Bessent said that Washington's blockade of Iranian ports will destroy the country's economy. "The Blockade and Operation Economic Outcast will crush the failing Iranian economy," Bessent said in a post on X, claiming that the US helped move 130 millions barrels of oil through the Gulf over the past two weeks. The Blockade and Operation Economic Outcast will crush the failing Iranian economy.