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Bessent Threatens to Freeze Iran's Offshore Assets, Vows Economic Stranglehold
Developing
During a fireside chat with FOX Business’ Larry Kudlow on Tuesday at the G20 Finance Ministerial in Asheville, North Carolina, Bessent said the U.S. had identified the Islamic Revolutionary Guard Corps’ (IRGC's) offshore accounts held by trust companies and luxury real estate holdings.
"We will stop this regime's ability to have a nuclear weapon, to have their current highly-enriched uranium to project terrorist power through their proxy networks and to terrorize the Gulf," Bessent said. Bessent first announced on Aug. 24 that America would impose the economic equivalent of the military campaign that defeated Nazi Germany against the Islamic Republic of Iran.
I said, we have more in common with the Chinese on Iran than we disagree with [them] on.
What's confirmed
What's still developing
- During a fireside chat with FOX Business’ Larry Kudlow on Tuesday at the G20 Finance Ministerial in Asheville, North Carolina, Bessent said the U.S. had identified the Islamic Revolutionary Guard Corps’ (IRGC's)…
- Bessent first announced on Aug. 24 that America would impose the economic equivalent of the military campaign that defeated Nazi Germany against the Islamic Republic of Iran.
- "We will stop this regime's ability to have a nuclear weapon, to have their current highly-enriched uranium to project terrorist power through their proxy networks and to terrorize the Gulf," Bessent said.
- I said, we have more in common with the Chinese on Iran than we disagree with [them] on.
Sources
- Fox Businesslink