'Kharg Island a monument to failure': Bessent says 'Operation Economic Outcast' cutting Iran's oil lifeline
Bessent highlighted the visible depletion of oil shipping traffic around Kharg Island, Iran's primary maritime export hub in the Persian Gulf, claiming the facility has been brought to a virtual standstill, showcasing a graphic video.
Washington DC: The United States Treasury Secretary, Scott Bessent, has criticized Iran, stating that the country's oil export infrastructure has been severely damaged and the nation's principal source of income has been eliminated. In a post on X, Bessent displayed a video revealing the lack of oil tankers at Kharg Island, Iran's key maritime export port in the Persian Gulf, indicating the facility's near-complete shutdown.
He described Kharg Island as a "monument to the one thing the Iranian regime can still produce: failure." The Treasury Secretary claimed that the regime's arrogance and aggressive behavior continue to harm the common people of Iran. Bessent emphasized that the US economic countermeasure, Operation Economic Outcast, is specifically designed to deplete the regime's resources and prevent funding of destabilizing regional activities, weapons programs, and state-backed entities.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.