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  • 10 months ago
On this edition of India Today Global, host Geeta Mohan reports on the significant escalation in US-Iran relations as Treasury Secretary Scott Besant announces fresh sanctions. The measures target 18 individuals and entities accused of helping the Iranian regime evade oil sanctions and diverting energy proceeds. During the announcement, Scott Besant stated, 'US Treasury knows that like rats on a sinking ship, you're frantically wiring funds stolen from Iranian families to banks and financial institutions around the world.' The bulletin also highlights President Donald Trump's new 25% tariff on nations continuing to trade with Iran. Journalists Geeta Mohan and Pranay Upadhyay discuss the strategic shift from immediate military intervention to 'maximum pressure' economic tactics, noting the potential impact on global oil prices and the stability of West Asian allies like Saudi Arabia and Qatar. The report underscores the US commitment to supporting Iranian protesters while squeezing the regime's financial networks and digital assets.

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00:00Hello and welcome. I'm Geeta Mohan and you're watching India Today Global.
00:09That's some big breaking news coming in on the Iran-America front.
00:13We're looking at sanctions from the United States of America.
00:1918 Iranian individuals and entities have been sanctioned.
00:23Treasury Secretary Scott Besant in an announcement, in a video announcement,
00:30has very clearly spelled out what America is going to do.
00:33This is America's next step of action.
00:37Target Iranian networks.
00:3925% tariff on nations doing business with Iran.
00:42Demands of Iranian legitimacy.
00:45As also, the Americans have now warned Iran that they will track Iran down.
00:54A message to Khamenei that it's still time for them to join the United States of America.
01:00Listen in.
01:03Today's sanctions target 18 individuals and entities that the regime uses to evade sanctions on Iranian oil
01:11and divert proceeds from its energy sales away from the rightful owners, the Iranian people.
01:18Tehran's natural resources belong to its people and not its brutal dictators.
01:24Treasury will continue to target Iranian networks and corrupt elites that enrich themselves at the expense of average Iranian.
01:32This includes the regime's attempts to exploit digital assets to evade sanctions and finance cyber-criminal operations.
01:42Additionally, President Trump has announced a 25% tariff on countries that continue to do business with Iran.
01:50Our message to the Iranian people is clear.
01:54Your demands are legitimate.
01:56You are protesting for a noble cause,
01:58and the United States support you and your efforts to peacefully oppose the regime's mismanagement and brutality.
02:06Our message to the Iranian leaders is also clear.
02:10U.S. Treasury knows that like rats on a sinking ship,
02:14you are frantically wiring funds stolen from Iranian families to banks and financial institutions around the world.
02:22Rest assured, we will track them and you.
02:26But there's still time if you choose to join us.
02:31My colleague Pranay Upadhyay joins me for more on this.
02:33Pranay, very interesting developments.
02:35We were looking at a scenario, a situation where there could have been military intervention,
02:40and then we saw a climb down.
02:42President Trump actually saying that the killings have stopped.
02:46Then we see reports of Saudi pressure,
02:48and now we're seeing sanctions rather than military intervention.
02:52Neeta, these are all parts of President Donald Trump's maximum pressure policy on Iran.
02:59You know that, you know, after assuming White House for the second term,
03:01President Donald Trump signed the executive order of maximum pressure policy on Iran.
03:05And if you have seen, in the last one year,
03:08President Donald Trump has taken various measures against Iran.
03:10So, you know, he might have given this indication that presently or in the given condition,
03:15Iran may be off-hook from any imminent military action in the immediate, you know, in the near future.
03:24But he doesn't want to give out the message that, you know, Iran is off-hook from his policy.
03:28And therefore, he might have tweeted that, you know, we are looking forward for a situation where, you know,
03:33Iran is not taking any capital, not carrying out any capital punishment against the protesters or punishing them.
03:40But there is pressure on Iran.
03:43They are taking economic measures.
03:44In fact, this is President Donald Trump and his administration's policy to tighten the nose of those factors,
03:51the reasons which actually caused people in Iran to come out on street,
03:56making things difficult for Iran to do business with other countries,
03:59be it 25% additional tariff or putting additional economic sanctions.
04:03What does it lead to?
04:05It leads to the economic, you know, worsening of the condition for Iran.
04:09But Pranay, at the end of the day, there are pressure points.
04:13Military intervention would have meant spillover into Gulf,
04:16would have meant spike in oil prices,
04:18and would have meant near-complete collapse of economy,
04:21including the United States of America.
04:24I'm sure these are considerations why we are looking at a delayed response, military.
04:29Not only the domestic consideration for President Donald Trump and U.S. economy,
04:33but also the consideration for the West Asian economies, for Gulf countries,
04:38some of the important and significant allies for the United States,
04:42be it Saudi Arabia, be it Qatar, be it other countries where U.S. has significant interest,
04:47as well as their significant military presence.
04:50But you have seen, you know, Gita, in the past,
04:52we have seen that, you know, how President Donald Trump has given conflicting messages.
04:56But he did carry out military action, as he said, you know, against Iran and targeted its military establishment.
05:03We have seen that he has consistently delivered on, you know, tightening news against Iran,
05:09and taking stringent measures, be it his first term of 2016 to 2020.
05:15And even during his second term, we have seen a consistency of his policy on putting pressure on Iran
05:21and weakening the Iranian government.
05:23Now, this is for the Iranian establishment, Iranian government and Islamic regime,
05:27how long they can hold.
05:28But there are repeated signs.
05:31And now we have to see that how Iran delivers for their domestic audience and for their own people
05:36to ease up the economic situation and economic conditions.
05:40Because repeatedly, Iranian society is also giving out this message that things are not going okay in Iran.
05:47Right, absolutely.
05:48For now, there's a massive squeeze again on Iran.
05:51But we'll have to wait and see what President Trump does when it comes to an intervention.
05:55Any aircraft carrier is a week away.

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