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✉news BusinessEconomy first seen 22 h ago, last 6 h ago, peak #3

Bessent says Iran's economy will contract by more than 25%

Original: Bessent says Iran economy will contract by more than 25%

US Treasury Secretary Scott Bessent says Iran's economy will contract by more than 25 percent. The prediction was reported by Iran International, a Persian-language news outlet covering Iran, and points to severe pressure on the country's economy. No further details about the timing, basis for the forecast, or Iran's response were given in the coverage.

Why now: A senior US official's stark forecast of economic collapse in Iran draws attention amid ongoing tensions over Tehran's economy and sanctions.

Scott BessentIranIran InternationalUS Treasury Department

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