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31 Aug 2026, 16:12

Scott Basset, the U.S. Treasury Secretary, said on Monday, September 9, on the sidelines of the G20 meeting in Asheville, USA, that Washington will continue to exert economic pressure on Tehran, and the results of this pressure may become apparent in the coming weeks or months.
In response to a question about the possible timing of the collapse of the Iranian economy, Basset stated: "The issue is that we have the blockade and we will continue to apply pressure. We have had very good discussions here, and I think this could happen in the coming weeks or months."
The U.S. Treasury Secretary added: "The economy does not necessarily have to collapse; the Iranian government just needs to wake up."
This U.S. official further noted that Basset will meet with his counterparts on the sidelines of the G20 meeting and will work to increase economic pressure and isolate Iran.
Scott Basset also referred to Iran's attack on U.S. military bases in Jordan, saying: "I think they are reacting militarily because they are failing economically."
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