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Bessent says Iran's economy collapsing under tightened US sanctions
Original: Scott Bessent says Iran's economy is 'collapsing' as Treasury tightens financial vise
US Treasury Secretary Scott Bessent said Iran's economy is 'collapsing' as the Treasury Department intensifies financial pressure on Tehran. He framed the tightened sanctions regime as squeezing Iran's access to global finance and revenue. The remarks come amid ongoing tension over Iran's nuclear program and its regional activities, with Washington signaling that economic coercion remains a central tool of its Iran policy.
Why now: The Treasury secretary's stark characterization of Iran's economy signals an escalation in US financial pressure on Tehran.
Scott BessentUS Treasury DepartmentIran
Evidence
- Scott Bessent says Iran's economy is 'collapsing' as Treasury tightens financial vise · Fox Business
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