The Trump administration is waging an unprecedented campaign to isolate Iran economically, combining a naval blockade with sweeping sanctions as top officials say the pressure will continue until Tehran changes course — or its government does.
“We are running Operation Economic Outcast right now, and this is the greatest economic isolation operation in the history of the world,” Treasury Secretary Scott Bessent said Saturday. “We are going to asphyxiate this regime.”
The remaining Iranian crude available to China, Tehran’s largest customer, is also running out, according to Bessent. He estimated that roughly 30 million barrels remain that…
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