A senior U.S. Treasury Department official argued that “Iran’s economy bankrolls its aggression. That is why Treasury is actively targeting Iran’s key industries: to drive the realisation by Iran’s Supreme Leader that economic collapse is inevitable if Iran does not stop its sponsorship of terror and proliferation activities, and return to the negotiating table”. He added that “our efforts are having an impact, leaving Iran with scarce funds to spend on its perfidious pursuits… consequences for Iran continue to mount, and will do so for as long as the regime maintains on its current course”. The official went on to say that “Hizbollah is also feeling the squeeze”, asserting that that “just as we have done to Iran, we are demonstrating our resolve to dismantle Hizbollah’s financial infrastructure, root and stem”.
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