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US Treasury chief claims Iran 'running out of' economic lifelines

US Treasury chief claims Iran 'running out of' economic lifelines US Treasury Secretary Scott Bessent claimed that Iran is "running out of" economic lifelines amid Washington's sanctions on Tehran. "Under Operation Economic Outcast, Iran’s regime is running out of lifelines, and its proxies are feeling the pressure," he said in a post on X. He further claimed that the country is "struggling to…

US Treasury Secretary Scott Bessent has stated that Iran is running out of economic lifelines due to Washington's sanctions on Tehran. In a post on X, Bessent claimed that Iran's regime is experiencing significant pressure from Operation Economic Outcast, which has limited the country's ability to move money and fund its proxies.

The Treasury Department cited the IRGC's failure to pay its own troops as evidence of Iran's struggling economic situation. Bessent emphasized that the regime's ability to fund groups like the Houthis, Hamas, and Hizballah has been cut off, preventing Tehran from continuing its campaign of terror.

Written by urgent.news from Middle East Eye's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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