US urges allies and China to join economic campaign to 'collapse' Iran

U.S. Treasury Secretary Scott Bessent has called on international allies and China to participate in an economic pressure campaign aimed at collapsing the Iranian government. The announcement, made on Thursday in Washington, signals a renewed effort by the U.S. administration to leverage global economic influence against Tehran.

This diplomatic push occurs as the U.S. administration faces significant domestic challenges regarding an ongoing military conflict. The campaign seeks to unify international partners in a strategy of economic isolation to achieve its policy objectives regarding Iran.