US Treasury Official Claims Efforts to Block Iran’s Financial and Crypto Channels Amidst Sanctions

According to the International Desk of Webangah News Agency, a senior U.S. Treasury official for international affairs, in an interview with Al Jazeera, elaborated on the dimensions of Washington’s economic warfare and confrontational approach towards the Islamic Republic of Iran.

The American official, referring to the policy of maximum pressure and Washington’s attempts to block the country’s revenue channels, claimed that the United States has so far placed over 1,500 Iranian individuals and entities on its sanctions list, with the ultimate goal of completely severing all of Iran’s financial resources.

While claiming these policies do not target the Iranian people, the comprehensive financial and banking sanctions imposed by Washington directly impact the economic, medical, and livelihood infrastructure of Iranian citizens. The consequences of these sanctions have been repeatedly criticized by international bodies.

Efforts to Block Cryptocurrency Channels

In another part of his remarks, the U.S. Deputy Treasury Secretary, referencing financial transaction monitoring, claimed the implementation of stringent measures to cut off cryptocurrency flows to Iran. This indicates the desperation of U.S. security and economic institutions in fully blocking Iran’s economic lifelines.

Baseless Claim Regarding Oil Flow in the Strait of Hormuz Refuted by Reuters Data

In the final part of his interview, the American official, addressing energy sector developments and the status of tanker traffic, claimed that crude oil is transiting the Strait of Hormuz at levels close to pre-war figures.

However, credible data published on October 8, 2026, by Reuters, exposed the falsity of this claim. According to the Reuters report, the volume of crude oil passing through the Strait of Hormuz has decreased to approximately 74 percent of pre-war levels, and the traffic of commercial ships and oil tankers in this strategic waterway has reached its lowest point in over two months. This reality underscores Washington officials’ efforts to cover up the consequences of regional crises on the energy market.