Bessent Says U.S. Economic Pressure on Iran Is Working
Treasury Secretary Scott Bessent says U.S. sanctions and economic restrictions are putting growing pressure on Iran, warning of a sharp economic decline.
U.S. Treasury Secretary Scott Bessent said Sunday that the Trump administration's economic pressure on Iran is working, warning that the country's economy faces a sharp decline.
In a televised interview, Bessent described Iran as facing one of the "fastest economic collapses in history." He argued that sanctions and restrictions on Iran's access to international markets are putting growing pressure on its leadership.
Bessent said senior Iranian officials remain sheltered from deteriorating conditions inside the country. He also said restrictions on international air travel have helped isolate the leadership.
His comments were an assessment by the administration, not an independently verified measure of the sanctions' impact. The interview did not establish a timetable for a change in Iran's leadership or a new agreement with Washington.