Bessent's "Suffocating" Iranian Regime Strategy Materializes In Kharg Island Satellite Imagery

Bessent's "Suffocating" Iranian Regime Strategy Materializes In Kharg Island Satellite Imagery Treasury Secretary Scott Bessent's description of "suffocating" the Iranian regime through economic and financial pressure, whether via sanctions or the US military blockade of the world's most critical maritime chokepoint, now appears to be showing up in the data. New geospatial intelligence indicates that Iran's main crude export terminal has gone quiet, while a separate report suggests seaborne oil exports have effectively been halted for the past month. The first report comes from Bloomberg, which cited European satellite imagery showing a...