United States Treasury Secretary Scott Bessent has highlighted the severe economic challenges currently facing Iran, attributing much of the turmoil to ongoing United States sanctions. Speaking to the Economic Club of Minnesota, Bessent emphasized that Iran's economy is struggling with high inflation and a declining standard of living, marking a significant departure from its previously affluent status.

Bessent also expressed concern about the Iranian government's response to anti-regime protests, noting that Washington is closely monitoring the situation. He referenced President Donald Trump's recent warning to Tehran, urging restraint and caution against harming protesters. The Treasury secretary described the situation as a 'precarious moment' for Iran, with uncertainty surrounding the country's ability to finance its nuclear ambitions amid economic instability.