Bessent says U.S. guided 130 million barrels from Hormuz in 14 days

U.S. Treasury Secretary Bessent said blockade and economic isolation measures would further damage Iran’s economy, which he described as close to collapse. Over the past 14 days, the United States guided 130 million barrels of oil out of the Strait of Hormuz, while Iran’s crude oil output was zero during the same period.