US blockade in Strait of Hormuz traps $4.5B in Iranian oil

Name: US blockade in Strait of Hormuz traps $4.5B in Iranian oil
Uploaded: 2026-10-23T15:07:35Z
Duration: 1 min 12 s
Description: Treasury Secretary Scott Bessent details how a U.S. blockade in the Strait of Hormuz has trapped vessels carrying $4.5 billion in Iranian oil.

Treasury Secretary Scott Bessent details how a U.S. blockade in the Strait of Hormuz has trapped vessels carrying $4.5 billion in Iranian oil.