US Treasury Secretary Discusses Economic Sanctions on Iran

On Wednesday, US Treasury Secretary Scott Bessent stated that US economic sanctions on Iran have been 'very successful'. He said that Iran's economy is contracting significantly and that the sanctions are impacting funding for groups such as Hamas, Hezbollah, and Ansar Allah.

First reported

2026-10-29 02:52 (7 d ago)

Last update

2026-10-29 02:52 (7 d ago)

sources

1 sources · 1 Reports

Timeline

1. Middle East Eye outlet 02:52 · 7 d ago
   US Treasury Secretary states that economic sanctions on Iran are effective, impacting its economy and funding for its allied groups.
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