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EconomyIran could face economic collapse in months, US Treasury’s Bessent warns

US Treasury Secretary Scott Bessent says Iran is taking new US sanctions seriously and that its economy could collapse within weeks or months. He says the pressure campaign aims to push Tehran toward negotiations and signals that Washington may impose further sanctions each week. Markets have fallen amid rising US-Iran tensions.

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People in this report Scott Bessent

AAl Jazeera★★★★☆2026-08-31 17:04Original

Iran could face economic collapse in months, US Treasury’s Bessent warns
Iran could face economic collapse in months, US Treasury’s Bessent warnsEconomy