U.S. Economic Pressure Campaign Cripples Iran's Funding for Proxy Groups

U.S. Treasury Secretary Scott Bennett has repeatedly emphasized the success of the 'maximum pressure' campaign against Iran, stating that economic sanctions have significantly impacted the country's economy. Iran's economy is projected to shrink by up to 25% within a year, with the Islamic Revolutionary Guard Corps (IRGC) expressing concerns about a potential collapse. The economic pressure has led Iran to cut off funding for its proxy groups, including the Houthis in Yemen, Hezbollah in Lebanon, and Hamas. The Trump administration's strategy aims to limit Iran's financial resources and oil revenues.