US Treasury Secretary Claims China Significantly Reduced Aid to Iran

According to the International Desk of Webangah News Agency, U.S. Treasury Secretary Scott Bessent claimed on Sunday that China has significantly reduced its aid to Iran, attempting to justify the economic repercussions of aggressive actions against the nation to the American public. Speaking to Fox News, Bessent asserted that the United States allowed the passage of over one billion barrels of oil through the Strait of Hormuz, while Iran’s oil transit was reported as zero barrels.

The Treasury Secretary further alleged that Iran’s economic isolation is progressing in phases, affecting its cryptocurrency, aviation, and maritime sectors. The statements come amidst reports concerning the strategic Strait of Hormuz, with maritime transport entities noting its closure due to perceived insecurity attributed to U.S. actions.