Bessent unveils new measures to weaken Iran's economy
US Treasury Secretary Scott Bessent has announced new measures targeting Iran's economy, the latest Trump administration attempt to force an end to a war now in its sixth month.
US Treasury Secretary Scott Bessent has unveiled a new set of measures aimed at further weakening Iran's economy. The move represents the latest step by the Trump administration in its effort to force an end to a war that has now stretched into its sixth month.
According to administration officials, the conflict has become increasingly unpopular domestically, which is cited as a driving factor behind Washington's push to increase pressure on Tehran. Economic leverage is being framed as a tool that could help bring the war to a close without direct military escalation.
Full details of the new package have not yet been made public, but the effort fits into a broader US strategy of applying economic pressure on Iran in hopes of influencing its leadership's approach to the ongoing conflict.
The war's duration and its effect on public sentiment appear to be growing concerns for the administration, with the new measures presented as part of a broader push to hasten an end to the fighting.