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24 Aug 2026, 18:34

(18 minutes, 30 MB)
Full text of the speech and Q&A:
telegra.ph/bessent-08-24

Announcement of the U.S. economic campaign against Iran; Bessent: We will cut off all their vital lifelines

🔸 The U.S. Treasury Secretary on Monday, September 2, in a press conference regarding the new pressure campaign against Iran, pledged to deprive the Islamic Republic of its vital resources.

🔸 Scott Bessent said: "Globally, our goal is to cut off all economic lifelines that keep this authoritarian regime afloat until Tehran is completely isolated."

🔸 The U.S. Treasury Secretary made these remarks while outlining Washington's new strategy to increase economic pressure on Iran; a strategy focused on intensifying sanctions and limiting Tehran's economic and financial relations with other countries.

🔸 He warned that any country will have a specific deadline to stop activities that Washington identifies as linked to Iran; otherwise, they will face actions from the U.S. Treasury.

🔸 Bessent stated that President Donald Trump is in contact with leaders of various countries and is specifically asking them to halt their interactions with Iran.

🔸 At the same time, the U.S. Treasury Department announced in a statement that it has expanded the scope of its threats to impose secondary sanctions related to Iran to five major economic sectors; an action that, according to the Treasury Department, is part of Washington's efforts to impose a "day of economic reckoning" on Tehran.

🔸 The statement noted: "The Treasury has made new decisions against five critical sectors including digital assets, technology, gold, aviation, and shipping; sectors that the Iranian regime uses to try to keep its collapsing economy afloat."
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