US Treasury Secretary Bessent says Iran is the head of the snake for global terrorism, Treasury moving aggressively through economic fury, to serve Iranian military's financial lifelines.

This statement from Treasury Secretary Bessent underscores a marked escalation in the U.S.

Newsquawk StaffPublished 1 May 2026, 16:39 UTCOn the live feed at 16:19 UTC — 6 more headlines followed before this page went public

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US President Trump says he is not satisfied with the latest proposal from Iran

16:19

US Treasury Secretary Bessent says Iran is the head of the snake for global terrorism, Treasury moving aggressively through economic fury, to serve Iranian military's financial lifelines.

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US President Trump signs EO imposing fresh sanctions on Cuban government, according to Reuters citing white house officials

16:09

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Full Post: "Iran is the head of the snake for global terrorism, and under @POTUS ’ leadership, Treasury is moving aggressively, through Economic Fury, to sever the Iranian military’s financial lifelines. We will relentlessly target the regime’s ability to generate, move, and repatriate funds, and pursue anyone enabling Tehran’s attempts to evade sanctions."

Context

stance against Iran, aiming to cripple its military financing through aggressive sanctions. This rhetoric could heighten geopolitical tensions, potentially impacting energy markets as investors assess the implications for oil supply and security in the Middle East.

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