Treasury Secretary: Iranian Oil Reserves Dwindling to 30 Million Barrels

U.S. Treasury Secretary said Iran's oil supply on the water has dropped to just 30 million barrels due to the ongoing blockade. He noted that even if Tehran secured remittances from China, those reserves would quickly run out, underscoring the effectiveness of current sanctions pressure. The remarks suggest the administration views the blockade as squeezing Iran's ability to fund its regime and proxy activities. No further details on enforcement timelines were given. The statement comes amid broader U.S. efforts to curb Iranian oil exports and limit Tehran's economic lifelines, a policy consistent with the administration's hardline stance on Iran's nuclear and regional ambitions.