US Treasury Secretary: Iran blockade to last until pre-Feb. 27 navigation freedom returns

U.S. Treasury Secretary Scott Besant delivered a strong message to Iran's leadership in a post on social media platform X on May 1. Besant stated that the Iranian leadership is operating with blocked information and outlined what he called the reality of the situation. The points he listed include: - The U.S. has complete control of the Strait of Hormuz. - Iran is facing a shortage of hard currency (U.S. dollars). - Food and gasoline have been moved to a rationing system. - The entire international community has turned against Iran. - The blockade will continue until freedom of navigation is restored to its pre-Feb. 27 state.