'Blockade Suffocating Iran Economy': U.S. Treasury Secy Bessent's Big Claim

Name: 'Blockade Suffocating Iran Economy': U.S. Treasury Secy Bessent's Big Claim
Uploaded: 2026-05-04T16:40:41+05:30
Duration: 1 min 46 s
Channel: TIMESOFINDIA.COM

US Treasury Secretary Scott Bessent has claimed that Washington’s blockade strategy is “suffocating” Iran’s economy, intensifying pressure through the Strait of Hormuz. Speaking to Fox News, Bessent said the US is effectively choking Iran’s oil lifeline, a key source of revenue. He also accused China of financing Iran through continued oil purchases, adding that Washington has urged Beijing to reconsider.