🔹U.S. Treasury Secretary Scott Bessent announced that for the first time in history, Iran will have no oil on the water this week. Bessent said: “They will have no revenue.”

He added that the amount of oil exported through the Strait of Hormuz this week for the United States is about 1.1 billion barrels, and for Iran it is zero.

Last week, he had also said that Iran will deliver its last oil shipments to China within the next two weeks and, after that, there will be nothing left to trade.