Scott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'
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Scott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'

April 28, 2026
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Posted 4 hours ago by

Treasury Secretary Scott Bessent warns Iran's oil industry is weakening under sanctions, with production risks, fuel shortages and sanctions threats. Importance Rank: 1 read more

Scott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'
Benzinga
Benzinga

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