US Treasury Warns Iran: Economy Crumbling Amid Protests, Sanctions

World
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Moneycontrol•09-01-2026, 04:31
US Treasury Warns Iran: Economy Crumbling Amid Protests, Sanctions
- •US Treasury Secretary Scott Bessent stated Iran's economy faces high inflation and challenges due to US sanctions.
- •Bessent highlighted the "precarious moment" for Iran, with its society "crumbling" under economic distress.
- •President Donald Trump warned Iran against harming protesters, threatening severe US action if violence escalates.
- •Rights groups report at least 25 killed in Iran's widespread anti-regime protests over inflation and freedoms.
- •Iranian authorities acknowledge economic hardship but blame foreign powers for stoking dissent, warning protesters.
Why It Matters: Iran's economy is in crisis due to sanctions and protests, prompting strong US warnings against violence.
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