US Treasury Secretary: Iran's Economy Will Collapse Sharply
4 Articles
4 Articles
The external forces will not be able to undermine Iran ' s economy, but will not expect a response, said the Secretary of Iran ' s Supreme National Security Council, Mohsen Rezai.
Iran has denied US claims that the IRGC's war funds have been depleted by the blockade, insisting its economy will not collapse despite sanctions and war.
US Treasury Secretary Scott Bessent said the economic pressure on Iran was causing panic in the country. He compared Tehran to a bankrupt company deprived of access to financing and assessed that the Iranian economy was on the verge of collapse.
US Treasury Secretary Scott Bessent said Iran is on the verge of bankruptcy after the country's oil exports reportedly stopped in late August due to economic pressure and Washington's sanctions.
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