Treasury Secretary Scott Bessent Posts On X "Operation Economic Outcast is delivering results: the rial has plunged to record lows, Iran loaded zero crude oil onto tankers last month, and even Iran’s top security official has admitted the country is facing one of the most difficult periods in its history..."
10/5/2026
Impact: -80
Financial Services
Treasury Secretary Scott Bessent reported that the Iranian rial has reached record lows and that Iran did not load any crude oil onto tankers last month. He noted that the country is experiencing one of its most challenging periods, as acknowledged by its top security official. This situation is attributed to the effects of 'Operation Economic Outcast.'
AI summary, not financial advice
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