Washington rules out oil waivers, freezes $344m in Iran-linked assets
The United States has frozen $344 million in digital assets linked to Iran as part of efforts to increase economic pressure, Treasury Secretary Scott Bessent said.
Bessent said the US Treasury Department had sanctioned several digital wallets, adding it would “continue to work systematically to undermine Iran’s ability to generate and transfer funds.”
Bessent also ruled out renewing the waivers Washington granted to Iranian and Russian oil, in an interview with the Associated Press.
Economic Fury is imposing a financial stranglehold on the Iranian regime, hampering its aggression in the Middle East, and helping to curtail its nuclear ambitions. At @POTUS’ direction, Treasury will continue to constrict the network of vessels, intermediaries, and buyers Iran… https://t.co/tNx0egCLsm
— Treasury Secretary Scott Bessent (@SecScottBessent) April 24, 2026