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Today's Paper | April 25, 2026

Published 25 Apr, 2026 12:30am

US curtailing Iran's nuclear ambitions through 'Economic Fury', says Treasury Secretary Bessent

US Treasury Secretary Scott Bessent says that through “Economic Fury” — a reference to the US military campaign ‘Operation Epic Fury’ — Washington is curbing Iran’s nuclear ambitions.

“Economic Fury is imposing a financial stranglehold on the Iranian regime, hampering its aggression in the Middle East, and helping to curtail its nuclear ambitions,” says Bessent in a post on X.

“At [President Donald Trump’s] direction, [the] Treasury will continue to constrict the network of vessels, intermediaries, and buyers Iran relies on to move its oil to global markets,” he adds.

“Any person or vessel facilitating these flows — through covert trade and finance — risks exposure to US sanctions.”

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