Bessent Says Iran Will Have No Oil Cargoes at Sea This Week, No Revenue From Them
Automated summary•3 October 2026 at 13:54
US Treasury Secretary Scott Bessent said Iran would have no oil shipments at sea this week and would receive no revenue from those cargoes.
Bessent linked that outlook to what he described as “unprecedented” economic isolation imposed by the United States.
His remarks focused on oil shipments and the income they generate, presenting their anticipated absence as a sign of the impact of US pressure on Iran.
The statement set out Bessent’s expectations for this week but offered no figures for the volume of oil or the revenue affected.
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