Bessent Suggests Economic Warfare Against Iran Could “Blow Up the Global Financial System”

Source: Antiwar.com
by Brett Wilkins

“With the United States unable to militarily defeat Iran in President Donald Trump’s illegal US-Israeli war of choice, Treasury Secretary Scott Bessent on Monday escalated the administration’s economic attacks on Tehran, warning countries and companies around the world that continuing to do business with the nation could expose them to punitive sanctions. … While Bessent did not say which countries would likely be targeted, China, Türkiye, and the United Arab Emirates are Iran’s biggest trading partners. The secretary was also asked why sanctions aren’t being imposed immediately. ‘Well, we are giving everyone the opportunity to remedy bad behavior,’ he replied. ‘Why would I want to blow up the global financial system?'” (08/27/26)

https://original.antiwar.com/brett_wilkins/2026/08/26/bessent-suggests-economic-warfare-against-iran-could-blow-up-the-global-financial-system/