US Treasury threatens Iran with bankruptcy
Baghdad – Mil
US Treasury Secretary Scott Bescent said on Thursday that the sanctions imposed by US President Donald Trump on Iran “aim to close its oil industry and the collapse of its already struggling economy.”
Besent added in statements to the Economic Club in New York that “America imposes strong sanctions on Iran to achieve “the maximum immediate impact.”
“Trump’s goal of his sanctions is to reduce Iran’s oil exports of 1.5 million barrels per day to their lowest level,” he added , according to Western media.
“We will close the Iranian oil sector and drone manufacturing capabilities,” US Treasury Secretary Scott Besnet said, adding that the Trump administration also intends to cut off Tehran’s access to the international financial system.
“Making Iran bankrupt again will be the beginning of our updated sanctions policy,” he continued, continuing: “If I were Iranian, I would have got all my money from the Iranian rial now.”