Trump's economic war pushes Iran toward collapse as regime can't pay fighters
Operation Economic Fury could eventually inflict more damage on Iran than the U.S. military campaign, Axios reported Monday, citing officials who said intelligence indicates the country's financial strain is worsening.
According to the outlet, President Donald Trump said he decided Friday to suspend military strikes after countries mediating between the United States and Iran, along with other Middle Eastern nations, urged him to give negotiations another chance.
"Everyone involved in contacts with Iran asked me, 'Don't shoot,'" Trump said, adding that he believes the Iranians want to reach a deal.
"The Iranians want to stop being bombed, and they want money," one official said. "But that's almost in reverse order. They really want the money first."
"Intelligence is picking up that the Iranians are complaining they can't pay their fighters," the official added.
"Why? Because of the financial pressures. Because of Treasury. Because of what Treasury Secretary Scott Bessent is doing."
"They're in danger of runs on banks. There are gasoline shortages in this giant, oil-rich country," the official said.
"They're more scared of Treasury than the War Department."
"They're begging Steve and Jared for cash. They're desperate for it," another official said, referring to U.S. Special Envoy Steve Witkoff and Jared Kushner.
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