👇 Scott Bessent: First, we entered direct military confrontation; we destroyed their naval and air forces, severely weakened their drone and missile capabilities, and prevented their ability to rebuild.
Then we reached the “Iron Wall” and “blockade”; an action that we had not done before. Now, with the “economic removal operation,” we have isolated them economically in an unprecedented way.
At present, the U.S. has about $1.1 billion and Iran has zero. For the first time since the start of oil exports, this week they will not have any oil on the water to sell, and they will have no revenue either.
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