Politics

US Treasury Secretary Warns of Iran Economic Collapse

Updated 2026-09-01 15:55 UTC 1 source Negative

Treasury Secretary Scott Bessent warns that Iran's economy could collapse within weeks or months, as the US seeks to cripple the country’s economic activities.

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The Hill
Treasury Secretary Scott Bessent on Monday said Iran's economy could collapse "within weeks or months," as the Trump administration seeks to cripple the Middle Eastern country's economy. "I think it could be within weeks or months –– and the economy doesn't have to collapse, we just have to have the
2026-09-01 15:38 UTC
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