Iran Economy Minister Hemmati Dismisses US Treasury Claim of Looming Collapse

Iranian Minister of Economic Affairs and Finance Abdolnasser Hemmati strongly rejected claims regarding an imminent collapse of Iran's economy, directly targeting assertions made by U.S. Treasury Secretary Scott Bessent. Speaking in response to Washington's renewed economic rhetoric, Hemmati emphasized the resilience of the domestic financial system amid persistent external pressures.\n\nAddressing the remarks reported by state media, Hemmati mocked the specific timeline allegedly projected by American officials. 'Of the two-week timeframe you promised for the collapse of Iran's economy, only five days remain, and I tell you that such a thing will never happen,' Hemmati declared, maintaining that coercive measures and tightened sanctions have failed to destabilize national core structures.\n\nThe exchange reflects ongoing geopolitical friction between Washington and Tehran over broad sanctions frameworks and enforcement strategies. U.S. Treasury policies continue targeting Iranian financial networks and energy exports, aiming to limit state revenues and curb foreign currency reserves, while Iranian authorities persistently project economic durability to quell domestic market volatility.\n\nDespite official assurances of systemic resistance, Iran's broader economy faces structural challenges, including currency fluctuations, chronic inflation, and restricted access to international banking. Observers note that while rhetoric remains combative, institutional stability hinges largely on Tehran's ability to maintain regional trade channels and manage fiscal strain in the face of ongoing sanctions enforcement.