Secretary of State Marco Rubio touted the economic damage Iran has suffered under Operation Economic Fury. "Inflation in Iran is 70% and their currency is in total and complete freefall," Rubio said. "US sanctions enforcement is stepping up. It's moving in lockstep with a naval blockade to degrade Iran's capacity to generate, to move and repatriate revenue." "The blockade alone is costing Iran as much as $500 million a day in lost revenue, 90% of total Iranian trade has been halted, causing permanent damage to Iran's oil infrastructure."