In a statement on X, Bessent remarked that any harm caused to US allies in the Gulf would be offset by funds drawn from Iranian accounts.
“Any harm it inflicts on our allies in the Gulf will be compensated with funds extracted from Iranian accounts,” he stated.
The Treasury secretary also noted that any fees charged by the Persian Gulf Strait Authority would be balanced by funds removed from Iranian accounts.
Bessent further cautioned that each attack initiated by Iran would exacerbate the economic and financial ramifications facing the nation.
“Every attack Iran executes will only intensify the economic and financial consequences it confronts,” he said.
The Iranian regime will lose the zero-sum game it is engaged in.
Any harm it inflicts on our allies in the Gulf will be compensated with funds extracted from Iranian accounts.
Any fees charged by the Persian Gulf Strait Authority will be balanced by funds taken from their accounts.…
— Treasury Secretary Scott Bessent (@SecScottBessent) June 11, 2026
These statements highlight Washington’s warning that Iran could face further financial actions in response to threats against regional allies and maritime operations in the Gulf.
This warning follows US President Donald Trump’s threats of significant military action against Iran, indicating that the United States would respond “very hard” and suggesting that vital Iranian oil infrastructure might eventually fall under US control.
What is the Persian Gulf Strait Authority?
On April 18, Iran’s Supreme National Security Council declared the establishment of the Persian Gulf Strait Authority (PGSA), a new entity assigned with managing the Strait of Hormuz during heightened tensions with the United States.
According to the spokesperson for Iran’s foreign ministry, the PGSA has been created to implement and oversee the transit mechanism being developed in conjunction with Oman.
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