US Treasury Secretary Touts Success of Economic Isolation Campaign Against Iran
US Treasury Secretary Scott Bessent praised the success of Operation Economic Outcast against Iran, as severe inflation and US pressure push Iranian households to the brink of collapse.
United States Treasury Secretary Scott Bessent highlighted the success of the economic campaign against Iran during a speech overnight, marking eight weeks since the launch of "Operation Economic Outcast". Bessent described the initiative as the toughest effort in world history aimed at isolating a single economy, noting that the Islamic Revolutionary Guard Corps is now deeply concerned about a potential collapse.
According to reports, the American-led pressure is severely impacting daily life inside Iran. Families are drastically cutting back on food, housing, and education expenses as soaring inflation erodes household incomes. The ongoing economic strain follows months of heightened tensions and conflict involving the United States.
The severe financial crunch extends far beyond major urban centers. Workers report that their wages no longer cover basic necessities, while businesses struggle with surging costs and plummeting demand. Interviews with dozens of citizens across various socioeconomic backgrounds reveal a daily struggle just to secure food, healthcare, and shelter.
"We have no money, no future, and no hope," said Mohammad-Ali, a 47-year-old shopkeeper and father of two from Mashhad. Residents increasingly express exhaustion with living in fear of both external military actions and the mounting domestic economic collapse.
