Trump’s Iran crackdown ‘suffocating’ regime as oil wells could shut within days, Bessent says

U.S. Treasury Secretary Scott Bessent claims the Trump administration is 'suffocating' Iran's regime through financial pressure, frozen assets, and a naval blockade, predicting oil wells may shut down within days. He emphasized the U.S. is targeting the Islamic Revolutionary Guard Corps (IRGC) and tracking offshore assets, while noting deteriorating Iranian oil infrastructure and potential lower oil prices.