US treasury secretary: Iran unable to pay its soldiers’ salaries
US Treasury Secretary Scott Besant expects a near-term deal with Iran, possibly including a 30- to 60-day truce and reopening of the Strait of Hormuz.
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US Treasury Secretary Scott Besant has predicted that an agreement with Iran could be reached soon, likely to include a truce lasting between 30 and 60 days and the reopening of the Strait of Hormuz. He noted that energy prices may decline in the coming period.
Speaking to Channel 12 News about developments related to Iran, Besant said: "I believe we will see an agreement soon, perhaps today or tomorrow; a truce for 30 to 60 days, and the Strait of Hormuz will be reopened."
He added that the Strait of Hormuz "will not return to its previous state because the Iranians have used or attempted to use it as a choke point," stressing that the United States continues to apply pressure on Tehran.
The US Treasury Secretary confirmed that his country is working to intensify pressure on Iran, saying: "We are tightening the noose on the Iranians and are in control of the situation."
He pointed out that current developments could impact energy markets, expecting prices to fall.
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Besant also addressed Iran's economic situation, explaining that food price inflation in the country ranges between 150 and 180 percent, adding that the Iranian government is struggling to pay the salaries of its military forces.