US Treasury Secretary says economic action against Iran to continue

US Treasury Secretary says economic action against Iran to continue

US Treasury Secretary Scott Bessent said on Tuesday that the economic measures against Iran will continue, targeting those providing financial support to Iran.

“Under Operation Economic Outcast, Treasury will continue to target and disrupt those who provide material, technological, or financial support that allows the Iranian regime to sustain its terrorist enterprise,” Bessent said.

“Treasury will not tolerate any support to the regime and will continue to identify, expose, and isolate Iran’s enablers,” he added.

Meanwhile, US State Department spokesman Tommy Pigott highlighted on Tuesday a $15m reward offered by the US government for information that disrupts the financial mechanisms of Iran's Islamic Revolutionary Guard Corps (IRGC).