US-Iran War LIVE Updates: US Treasury Secretary Bessent says Iran is being ‘suffocated’ under intensified economic pressure
US Treasury Secretary Scott Bessent stated that Iran is being 'suffocated' under intensified economic pressure, while Iran warned that any US interference in the Strait of Hormuz would be treated as a ceasefire violation. The US has announced plans to guide neutral ships safely out of the restricted waterways, dubbed 'Project Freedom'.
The US is intensifying financial pressure on Iran, with Treasury Secretary Scott Bessent claiming the country is being 'suffocated' under a coordinated economic campaign. Iran has warned that any US interference in the Strait of Hormuz would be treated as a ceasefire violation. The US has announced 'Project Freedom', a plan to guide neutral ships safely out of the restricted waterways. Dubai International Airport saw a 66% drop in passenger numbers in March due to the Iran war. Seven OPEC+ producers, including Saudi Arabia and Russia, have agreed to a modest increase in oil output starting June. Israel has issued fresh evacuation orders in southern Lebanon amid continued strikes.
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