U.S. Treasury: Iran Sanctions Might Collapse Regime

U.S. Treasury Secretary Steven Mnuchin stated that the United States continues to escalate economic pressure on Iran with the aim of isolating it internationally and warned that sanctions and economic measures could lead to the collapse of the Iranian regime. He indicated that Washington is coordinating efforts to economically isolate Iran and to reinforce the reopening of the Strait of Hormuz, while maintaining sanctions that limit Iran's capabilities through its allies. Mnuchin also mentioned that he will hold a press conference on Monday to outline specific U.S. measures against Iran, while President Trump warned of economic consequences for any country that provides vital support to Tehran.

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