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The Jerusalem PostSecurity

US Treasury Secretary: Iran Struggles to Fund Military and Proxies Amid Sanctions

Summarized from The Jerusalem Post by baba

Center-rightNeutral tone

English · 1 newsroom

US Treasury Secretary Scott Bessent announced that Iran is struggling to pay its troops and fund proxies like Hamas and Hezbollah due to "Operation Economic Outcast" sanctions. The operation, launched August 24, aims to cut Tehran's funding for military activities and the IRGC. Despite these sanctions, Hezbollah reportedly received tens of millions of dollars from Iran to rearm for potential conflict with Israel.

The story in 5 lines · by baba

  • Iran is unable to pay its troops and fund proxies due to US sanctions, according to Treasury Secretary Scott Bessent.
  • Operation Economic Outcast, announced August 24, targets Iran's funding for war, missiles, cyberattacks, and the IRGC.
  • Bessent stated Iran is struggling to access dollars, impacting its ability to replenish resources.
  • Hezbollah reportedly received tens of millions of dollars from Iran to rearm for potential conflict with Israel.
  • Experts suggest greater international coordination on sanctions would strengthen efforts against Iran.
US Treasury Secretary: Iran Struggles to Fund Military and Proxies Amid Sanctions
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The Jerusalem Post publishes in English. The key points are summarized above. Read The Jerusalem Post’s full report from the link at the top of the page.

The Jerusalem PostCentre · Jerusalem

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