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business

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

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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.

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'Almost all of Iran's oil revenue will dry up': Rubio warns as US tightens sanctions
ARYAN SINGH · 11/10/2026, 2:49:21 PM
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