Iran down to 2 months of fuel supply as brutal US sanctions take their toll

Iran is facing a potential economic disaster as the besieged Islamic Republic’s fuel reserves have dwindled to a paltry two-month supply, following months of punishing US bombing campaigns and a fresh wave of crippling economic sanctions.The US unleashed a barrage of secondary sanctions in recent weeks to choke off Iran’s supply of cash, restricting the rogue nation’s access to international financing networks and even blockading its oil exports.This is preventing Iran from doing everything from buying goods to securing foreign currency, and even forcing it to import gasoline because its refinery infrastructure has been decimated and there’s no money to fix it, three senior Iranian sources told Reuters.Treasury Secretary Scott Bessent last month unveiled “Operation Economic Outcast” — a plan to to “collapse the regime” by implementing the “toughest sanctions in US history,” which he likened to an “economic D-Day” in Iran.President Trump further warned any nation providing “any type of lifeline” to Iran would face their own economic consequences.Iran’s clerical rulers have evaded sanctions for decades, but the latest effort by the US to bring the six-month conflict to an end through economic means has even left the regime too cash-strapped to pay the premium cost of evading sanctions illicitly, the sources told the outlet.This has rendered its front companies, unregistered tankers and smuggling operations all but useless, the senior officials said.Perhaps most calamitous of all, the country has just two months’ worth of gasoline left, one senior official said.Another crushing loss the regime is coping with is the loss of one of its primary trading partners, the United Arab Emirates, which, following US pressure and attacks from Iran, announced Aug.19 it would cease all financial dealings with Iran until further notice.“They are under very, very severe economic pressure.

They’re losing control of the Straits.It’s really a ques...