US treasury secretary: Iran failed to export crude oil last month

US Treasury Secretary Scott Bessent said senior Iranian security officials have acknowledged their country is experiencing one of the most difficult periods in its history. He explained that the Iranian regime continues to divert resources to support terrorism, causing further suffering for the Iranian people.

Bessent noted that Iran did not load any crude oil onto tankers last month, signaling a decline in its oil exports. He added that the "economic pariah" strategy is yielding tangible results, as the value of the Iranian rial has fallen to record lows.