According to Watters, the strategic pressure from Operation Economic Fury has effectively choked off the regime’s ability to move its primary resource.
“President Trump says Iran pipelines are close to exploding,” Watters stated, highlighting the physical and economic pressure building within Iran. The situation has become so dire that “reports say the country runs out of oil storage in 12 to 22 days”.
The desperation in Tehran is manifesting in unconventional ways as the military attempts to bypass the 100% foolproof blockade.
Watters reported that “The regime is scrambling to bring back old tankers from the dead,” noting that “a decommissioned 30-year-old ship was just seen for the first time in years”.
Despite these efforts, the Iranian economy is being crushed by its own unsold inventory. “Right now they have over 60 million barrels of crude that they can’t sell,” Watters noted. “That’s six billion bucks rocking on a dock”.
The U.S. Treasury Department is signaling that this may be a permanent shift for the region’s energy sector.
Watters revealed that the “Treasury says it’s only a matter of time before Iran won’t be able to drill, baby drill, ever again”.
While the blockade is intended to force a nuclear deal, the global markets are feeling the ripples of the conflict. With Brent crude closing at $100.20 a barrel and domestic prices hitting $4.25, Watters warned that “a gasoline crisis is around the corner”.
