Time
15:39
Bessant: The blockade will continue until Iran restores pre-war freedom of navigation.
May 1, 2026
CoinFeed News
CoinFeed reported on May 1st that US Treasury Secretary Bessenter posted on the X platform, stating that rats in the sewers have little idea what's happening in the outside world. Here are some "realistic scenarios" for the Iranian leadership—after all, they are indeed in the dark of information isolation: 1. The US has complete control of the Strait of Hormuz. 2. There is a shortage of hard currency (i.e., US dollars). 3. Food and gasoline are rationed. 4. The entire international community has turned against you. 5. The blockade will continue until freedom of navigation as it was before February 27th is restored.