Treasury Secretary Scott Bessent said the US continues to target the Iranian regime, saying its troops are not getting paid, the police are not reporting for work and Kharg Island is shut down.
“The Iranian economy and currency are in free fall. Iran’s Persian Gulf Strait Authority (PGSA) is a joke, and today Treasury has sanctioned it. We have warned any corporate or state entities against paying tolls or hiding them as aid payments,” Bessent said in a post on X Thursday.
“Forming a Wall of Steel, the US Naval Blockade has ensured a record low amount of Iranian crude on the water. We will also be shutting down both Iranian airlines’ access to landing spots, refueling, and ticket sales. Only a satisfactory outcome in negotiations will end the downward spiral,” he said.
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