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The Economic Times

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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.

3 May 2026 9:48 pm