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US Treasury Secretary Bessent: 'Panic setting in' in Iran as 'Operation Outcast' hammers economy, inflation over 100%
US Treasury Secretary Scott Bessent stated that US economic pressure against Iran, dubbed “Operation Outcast,” is severely weakening its economy, which he predicts will soon go “non-linear.” Bessent noted that Iran's inflation is over 100% and its economy could see a double-digit decline, adding that “panic is starting to set in” among Iranian officials.
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