Bessent says U.S. likely won't restart large-scale Iran combat as it steps up economic pressure

Treasury Secretary Scott Bessent said the Trump administration’s plan to “crush Iran’s economy” would likely reduce the need for additional U.S. military operations. The statement implies a sanctions-and-pressure strategy as the primary lever, with heightened geopolitical risk for Iran-linked trade and financial flows.

Analysis

Treasury Secretary Scott Bessent said the Trump administration’s plan to “crush Iran’s economy” would likely reduce the need for additional U.S. military operations. The statement implies a sanctions-and-pressure strategy as the primary lever, with heightened geopolitical risk for Iran-linked trade and financial flows.