Iran Economic Collapse 'Only a Matter of Time', Says US Treasury Secretary

US Treasury Secretary Scott Bessent has declared that Iran's economic collapse is now only a matter of time, citing the country's inability to access US dollars. Tehran has lost all access to US dollars, and allies have endorsed Washington's isolation campaign. The pressure will continue until Iran returns to the negotiating table.

Bessent painted a bleak picture of Iran's economic future, highlighting its sharp decline in currency value, high inflation, and difficulty accessing foreign currency. These conditions are proof that the pressure campaign is producing real results, according to Bessent.

The Treasury Secretary emphasized that the ultimate objective of the pressure campaign is political, not purely economic. The goal is to force Iran back to the negotiating table, as Washington holds Tehran responsible for the failure of previous agreements.