ReferIndia News US 'suffocating' Iran with economic blockade, says Treasury Secretary Scott Bessent

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US 'suffocating' Iran with economic blockade, says Treasury Secretary Scott Bessent

Published on: May 3, 2026, 10:50 p.m. | Source: Firstpost

Bessent said its economic blockade is squeezing Iran’s leadership and limiting military funding, as competing restrictions in the Strait of Hormuz deepen pressure on Tehran’s economy and shipping routes.

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