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BESSENT: IRAN LOADED ZERO CRUDE IN SEPTEMBER

BESSENT: IRAN LOADED ZERO CRUDE IN SEPTEMBER

U.S. Treasury Secretary Scott Bessent says Iran loaded zero crude oil onto tankers in September, as Operation Economic Outcast chokes off Tehran's top revenue source. With oil exports frozen, the Treasury widened sanctions on October 1 to Iran's auto industry, hitting Iran Khodro and SAIPA, which together control more than 90% of the domestic car market, plus the state rail network. Crude oil ($USO) keeps carrying the war-risk premium as Tehran's financial options narrow.

@55 Markets·1h ago·Source: iranintl.com · US Treasury
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Written and verified by @55 Markets from the linked source. Not investment advice.