'Almost all of Iran's oil revenue will dry up': Rubio warns as US tightens sanctions

AI Summary

US Secretary of State Marco Rubio warned that upcoming sanctions could sharply reduce Iran’s oil revenue. He said the Treasury Department is working to disrupt Iranian sanctions-evasion strategies, while negotiations between Washington and Tehran remain stalled.

US secretary of state Marco Rubio warned that Iran could face devastating losses in oil revenue due to upcoming sanctions. He mentioned that the US treasury department is actively seeking to disrupt Iran's strategies to evade these sanctions. Diplomatic ties between the two nations appear frozen, with each side holding firm to conflicting negotiation terms.