Sanctions to continue until Iran’s ‘coffers empty’, says US Treasury

NEWS SUMMARY

U.S. Treasury Secretary Scott Bessent announced new sanctions on Iran-related individuals and entities on Thursday, stating the department "will not relent until the Iranian regime’s coffers are empty." Bessent asserted that the sanctions are tightening around Iran's economy, suggesting that even its allies cannot prevent its financial collapse.

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US Treasury Secretary Scott Bessent said on Thursday that his department "will not relent until the Iranian regime’s coffers are empty" after it announced fresh sanctions on Iran-related individuals and entities. "The noose is tightening around Iran’s economy, and not even Iran’s so-called allies can save it," Bessent wrote in a post on X.

Sanctions to continue until Iran’s ‘coffers empty’, says US Treasury

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