US Treasury Secretary Scott Bessent.
US Treasury vows to paralyze Iran’s financial lifelines
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- Bessent warns Iran against weaponizing Strait of Hormuz.
- US targets Iran’s remaining economic lifelines.
- Washington threatens entities financing Iran’s government.
- Bessent vows to protect global financial system.
US Treasury Secretary Scott Bessent reaffirmed Washington's commitment to protecting the global financial architecture while neutralizing economic threats from Tehran, issuing a series of strict warnings regarding Iran's attempt to disrupt international trade.
The US Department of the Treasury declared that Washington will take all necessary steps to maintain global market stability while cutting off the financial channels that sustain the Iranian government.
"Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone," Treasury Secretary Scott Bessent stated during an address outlining expanded economic actions.
Washington warns against leveraging Hormuz
A central focus of the Treasury Department's position is the protection of international shipping lanes. Treasury officials underscored that Iran will not be allowed to threaten global maritime trade or leverage control over the Strait of Hormuz to extract political concessions.
Bessent pointed out that maintaining open access through international waters remains non-negotiable for global energy stability, warning that attempts to disrupt shipping would be met with direct economic counter-measures.
Sustaining pressure on Iran's remaining economic lifelines
The Treasury Department pledged to intensify financial pressure on what remains of the Iranian economy's vital channels.
The administration's focus targets five specific sectors identified as key to propping up the regime: shipping, aviation, digital assets, technology, and gold.
Furthermore, the US government made clear that foreign entities, third-party facilitators, and international banking networks enabling Tehran financially will face direct accountability.
Institutions operating in gray areas or helping facilitate illicit Iranian transactions risk complete exclusion from the US dollar-based financial system.
