US Treasury Secretary Bessent says Iran is losing economically

WASHINGTON, United States — WASHINGTON — U.S. Treasury Secretary Scott Bessent said Iran is suffering economic losses and described its leadership as being in a state of shock. He stated that Iran has resorted to military aggression as a result of those economic pressures. Bessent said the Iranian government is stunned by worsening conditions inside the country. He added that the United States does not seek the complete collapse of Iran's economy but wants its leadership to return to a rational course. The Treasury Secretary expressed appreciation for the European Union's support of the economic pressure campaign against Iran. According to Bessent, pressure measures on Iran will continue, with international coordination described as important to the policy. He framed the economic measures as a diplomatic tool aimed at changing Iran's regional behavior. No further details on next steps were immediately available.