Iran’s Terror Money Pipeline Just Got Severed by Treasury Secretary Bessent [WATCH]

Scott Bessent outlined the scope of a coordinated financial campaign aimed at Iran, describing a sustained effort to restrict access to funds, disrupt revenue streams, and pressure foreign governments and institutions to take additional action.

Scott Bessent addressed the policy during remarks in which he described the strategy as an extension of measures that have been in place for more than a year.

“I think that’s the not a correct characterization,” Bessent said when responding to how the policy had been described.

He added, “Yesterday, we announced operation economic fury, and we, for over a year, we have had maximum pressure on the Iranians, both on blocking payments into the Iranian state and going after the accounts of the IRGC.”

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Bessent said the effort has focused on limiting financial flows tied to the Iranian government and the Islamic Revolutionary Guard Corps, known as the IRGC, which has been the target of sanctions and enforcement actions.

He also pointed to developments in the Gulf region that he said have influenced cooperation from neighboring countries.

“one of the what may prove to be fatal mistakes that the Iranians made was bombing their GCC neighbors,” Bessent said, referring to member states of the Gulf Cooperation Council.

He added that those countries are now “willing to be much more transparent in terms of the funds, or do a deeper dive in investigating the funds that are held within their banking systems.”

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According to Bessent, the United States has asked those governments to take further steps involving Iranian-linked accounts.

“So we have pushed out to them the request that we want to freeze more funds of the leadership of the IRGC and any members of Iranian leadership,” he said.

The policy also extends to countries and companies that maintain economic ties with Iran, particularly in the energy sector.

Bessent said the United States has communicated expectations to foreign governments regarding oil purchases and financial holdings.

“The other thing that we have done is we have told company, we have told countries the that if you are buying Iranian oil, that if Iranian money is sitting in your banks, we are now willing to apply secondary sanctions,” he said.

He described those measures as significant within the context of international finance.

“which is a very stern measure,” Bessent said.

Bessent also drew a comparison between financial actions and other forms of pressure.

“And the Iranians should know that this is going to be the financial equivalent of what we saw in the kinetic activities,” he said.

WATCH:

The approach outlined by Bessent reflects an effort to coordinate financial enforcement with allied nations and to expand the reach of existing sanctions policies.

By targeting both direct funding channels and third-party financial relationships, the policy aims to limit Iran’s access to international markets and banking systems.

Officials have emphasized that the strategy involves cooperation with foreign governments, particularly in regions where Iranian financial activity has been identified.

The focus on transparency and account monitoring is intended to identify and restrict assets linked to Iranian leadership and affiliated organizations.

The announcement of “Operation Economic Fury” signals a continuation and expansion of measures designed to apply economic pressure through coordinated financial actions, including enforcement against oil transactions and banking relationships tied to Iran.

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