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The article discusses the United States' approach to exert significant economic pressure on Iran. U.S. Treasury Secretary Scott Presley indicated that Iran could reach a point within two weeks where it has no remaining oil to trade after delivering its last shipments to China. He explained that approximately 15 million barrels of Iranian oil are still at sea, and the oil delivery operations to China are expected to conclude within the next two weeks, which would result in a complete economic void in Iran. Additionally, Iran proposed a seven-day ceasefire in exchange for lifting the blockade and reopening the Strait of Hormuz, but this was rejected by the United States. Presley confirmed that the Strait of Hormuz remains open, with between 15 and 22 million barrels of oil passing through daily. He stated that the mounting American pressures aim to force Iran to adhere to any future agreement, amid its deteriorating negotiating stance and global economic isolation.
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