Treasury Secretary Bessent stated that the United States is likely to avoid restarting large-scale combat operations with Iran, instead prioritizing increased economic pressure. This shift comes amid a fragile ceasefire following direct confrontations between the two countries earlier this year. Negotiations for a ceasefire or interim deal have reportedly stalled, with the U.S. turning toward sanctions and diplomatic isolation. Markets reflect this strategic pivot, with reduced optimism about a potential U.S.-Iran deal in 2026 that would include substantial economic aid or reconstruction funding.
Source: Read the original article
