In a stunning admission, US Treasury Secretary Scott Bessent said Washington engineered a dollar shortage to send the Iranian rial into freefall that culminated with protesters taking to the streets.

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United States Treasury Secretary Scott Bessent has claimed that Washington engineered a dollar shortage in Iran to send the rial into freefall and cause protests on the streets.

In December and January, Iran was faced with one of the biggest antigovernment protests the country has seen since the Islamic revolution of 1979, prompted by the severe economic crisis.