U.S. will collapse Iran's economy by shutting down its oil industry, Treasury Secretary says

cnbc.com/2025/03/06/us-will-collapse-irans-economy-by-shutting-down-its-oil-industry-treasury-secretary-says.html

President Donald Trump's sanctions against Iran are designed to shut down the country's oil industry and "collapse its already buckling economy," Treasury Secretary Scott Bessent said Thursday.
The U.S. is deploying sanctions against Iran aggressively for "immediate maximum impact,"…

This story appeared on cnbc.com, 2025-03-06 18:41:18.
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