Scott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'

Benzinga_recent_news13:35

On Monday, Treasury Secretary Scott Bessent warned that Iran's oil industry is under severe strain from expanding U.S. sanctions, suggesting production could deteriorate further and potentially lead ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2630324308?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/files/images/story/2026/04/28/Some-Firms-Face-Political-Pressure.jpeg?optimize=medium&dpr=2&auto=webp&width=240","is_english":true,"pubTime":"2026-04-28 13:35","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2630324308","market":"hk","top_or_hot":-1,"title":"Scott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'","media":"Benzinga_recent_news","content":"<div>\n<p>On Monday, Treasury Secretary Scott Bessent warned that Iran's oil industry is under severe strain from expanding U.S. sanctions, suggesting production could deteriorate further and potentially lead ...</p>\n\n<a href=\"https://www.benzinga.com/news/politics/26/04/52083907/scott-bessent-iran-oil-industry-shutdown-us-blockade-production-collapse-warning\">Source Link</a>\n\n</div>\n","source":"benzinga_recent_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Scott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nScott Bessent Says Iran's 'Creaking' Oil Industry Is Starting To Shut Down Production Due To US Blockade: 'Pumping Will Soon Collapse'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-04-28 13:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/politics/26/04/52083907/scott-bessent-iran-oil-industry-shutdown-us-blockade-production-collapse-warning><strong>Benzinga_recent_news</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Monday, Treasury Secretary Scott Bessent warned that Iran's oil industry is under severe strain from expanding U.S. sanctions, suggesting production could deteriorate further and potentially lead ...</p>\n\n<a href=\"https://www.benzinga.com/news/politics/26/04/52083907/scott-bessent-iran-oil-industry-shutdown-us-blockade-production-collapse-warning\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DBE","symbol_name":"能源商品ETF-PowerShares","start_time":0,"source_url":"https://www.benzinga.com/news/politics/26/04/52083907/scott-bessent-iran-oil-industry-shutdown-us-blockade-production-collapse-warning","article_id":"2630324308","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2026/04/28/Some-Firms-Face-Political-Pressure.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/news/politics/26/04/52083907/scott-bessent-iran-oil-industry-shutdown-us-blockade-production-collapse-warning","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2630324308","pubTimestamp":1777354500,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Treasury Secretary Scott Bessent warns Iran's oil industry is weakening under sanctions, with production risks, fuel shortages and sanctions threats.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"DBE":"能源商品ETF-PowerShares","PXJ":"Invesco Oil & Gas Services ETF","OIH":"石油服务ETF","DRIP":"Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares","IEO":"iShares Dow Jones U.S. Oil & Gas","USL":"United States 12 Month Oil Fund LP","BK4588":"碎股","USE":"USCF Energy Commodity Strategy Absolute Return Fund","ERX":"二倍做多能源ETF-Direxion","XLE":"SPDR能源指数ETF","USOI":"ETRACS Crude Oil Shares Covered Call ETN","BWET":"BREAKWAVE TANKER SHIPPING ETF","DRLL":"Strive U.S. Energy ETF","OILK":"ProShares K-1 Free Crude Oil ETF","USO":"美国原油ETF","IXC":"全球能源业ETF-iShares","OILT":"Texas Oil Index ETF","DUG":"二倍做空石油与天然气ETF(ProShares)","BNO":"美国布伦特原油基金有限合伙企业","XOP":"油气开采指数ETF-SPDR S&P","OILU":"MicroSectors Oil & Gas Exp. & Prod. 3x Leveraged ETN","GUSH":"Direxion Daily S&P Oil &Gas Exp. & Prod. Bull 2X Shares","BK4570":"地缘局势概念股","BK4585":"ETF&股票定投概念","UGA":"United States Gasoline Fund LP","DBO":"原油ETF-PowerShares","SCO":"二倍做空彭博原油指数ETF","VDE":"Vanguard Energy ETF","DIG":"二倍做多美国油气指数","DBC":"商品指数ETF-PowerShares DB","UCO":"二倍做多彭博原油ETF"},"translate_title":"斯科特·贝森特表示，由于美国的封锁，伊朗“摇摇欲坠”的石油工业开始关闭生产：“开采很快就会崩溃”","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/d2c0b5888ae32fb6fb7231753529a605","symbols_score_info":{"DUG":0.79,"USL":0.79,"SCO":0.6,"DRLL":0.79,"UCO":0.6,"PXJ":0.79,"VDE":0.79,"IXC":0.79,"IEO":0.79,"OILU":0.79,"OIH":0.79,"BWET":0.79,"XLE":0.79,"DBC":0.79,"USE":0.79,"USOI":0.79,"BNO":0.79,"DBO":0.79,"UGA":0.79,"DBE":0.79,"DRIP":0.79,"XOP":0.79,"OILK":0.79,"USO":0.79,"ERX":0.79,"GUSH":0.79,"OILT":0.79,"DIG":0.79},"content_text":"On Monday, Treasury Secretary Scott Bessent warned that Iran's oil industry is under severe strain from expanding U.S. sanctions, suggesting production could deteriorate further and potentially lead to domestic fuel shortages.\nIn a post on X, Bessent said Iran's oil sector is beginning to weaken under what he described as intensified U.S. economic pressure. \n\"Iran's creaking oil industry is starting to shut in production thanks to the U.S. BLOCKADE,\" he wrote.\nHe added that \"pumping will soon collapse\" and warned of \"gasoline shortages in Iran next.\"\nIn a separate post, Bessent also issued warnings to international companies and governments, stating that engaging with Iranian airlines or providing services such as fuel, maintenance, or landing support could expose them to U.S. sanctions. \n\"Doing business with sanctioned Iranian airlines risks exposure to U.S. sanctions,\" he wrote, urging foreign governments to prevent firms in their jurisdictions from supporting Iranian entities.\nHe added that the U.S. Treasury would continue its \"maximum pressure\" campaign and act against third parties that facilitate business with Iran.\nHe said declining inventories and slow production recovery had left markets more vulnerable to shocks.\nLast week, Sen. Lindsey Graham (R-S.C.) backed an expanded oil blockade on Iran, calling it effective in weakening Tehran and warning that countries aiding Iranian oil exports could face consequences. \nHe said the pressure campaign could widen globally.\nBessent said the ongoing blockade on Iranian ports had reduced Iran's oil revenue and claimed storage limits could soon force shutdowns in production. \nHe said the U.S. would intensify its \"Economic Fury\" campaign to further restrict Iran's ability to move and access funds.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage via Shutterstock/ Maxim Elramsisy\nTo add Benzinga News as your preferred source on Google, click here.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.42.0","shortVersion":"4.42.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2630324308","isCrawlerRequest":true}