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Bessent Says U.S. Economic Offensive Against Iran Begins at Dawn

Courtroom-sketch editorial illustration of Scott Bessent facing the viewer in a dark suit and green tie, with the United States and U.S. Treasury flags behind him, drawn in warm ochre and slate-blue chalk and pastel strokes with cross-hatching on sepia newsprint.

U.S. Treasury Secretary Scott Bessent said the United States is entering the endgame against Iran and that an economic offensive will begin at dawn. He described the campaign as the largest financial offensive assembled against an adversary and said the Trump administration would use every agency and authority to sever Iran's economic lifelines. Bessent also said President Donald Trump had destroyed nearly 100% of Iran's military factories and buried its nuclear program. The official post did not identify specific sanctions, targets, dollar amounts, or an implementation mechanism.

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