Treasury Secretary Bessent said the US will continue to pressure Iran, noting Tehran takes sanctions seriously and is stepping up economic efforts because it is losing. He gave no timeline for a potential economic collapse, saying it could take weeks

2026-08-31

Treasury Secretary Bessent said the US will continue to pressure Iran, noting Tehran takes sanctions seriously and is stepping up economic efforts because it is losing. He gave no timeline for a potential economic collapse, saying it could take weeks or months and that collapse is not necessary — the aim is to compel the regime to return to reason. Bessent added that the only way out of debt is sustained economic growth.