US 'suffocating' Iran with blockade, says Treasury Secretary Scott Bessent
- Posted on May 3, 2026
- By Business News Today
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US 'suffocating' Iran with blockade, says Treasury Secretary Scott Bessent
Treasury Secretary Scott Bessent said Sunday that the United States was "suffocating" Iran's leadership through an "economic blockade" launched alongside the US military offensive. Bessent said his department was imposing economic measures "on anyone trying to remit money into Iran to help the IRGC," Iran's elite military force.
