Iran Faces Total Trade Collapse Within Weeks: US Scott

News Desk
WASHINGTON: United States Treasury Secretary Scott Bessent has warned that Tehran will face a complete collapse of its trading capabilities within the next two weeks due to mounting international pressure and stringent economic measures.
Speaking during a comprehensive interview on Sunday, the senior US economic official detailed the rapidly deteriorating financial standing of the Iranian state on the global stage.
Elaborating on the administration’s stance, Bessent predicted that within a fortnight, Iran would have virtually nothing left to trade in exchange for essential commodities or foreign currency.
The assessment highlights the aggressive enforcement of financial restrictions and trade blockades aimed at curbing the nation’s economic activities and international commerce, particularly concerning key trading partners in Asia.
The impending commercial isolation carries severe implications for the broader Middle East and global energy markets, potentially disrupting vital supply chains and bilateral economic ties.
Observers note that such stringent measures are designed to force strategic policy shifts, though they often risk escalating regional tensions and compounding humanitarian hardships for ordinary citizens within the affected jurisdiction.
Financial analysts and international monitors are closely tracking the unfolding situation as the self-imposed two-week threshold approaches.
Further official briefings from Washington and responses from Tehran’s diplomatic missions are anticipated in the coming days as the economic standoff intensifies on the global platform.