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US may need to ‘escalate to de-escalate’ Iran war, Bessent says
US Treasury chief defends massive military ramp-up after Trump set a 48-hour deadline to open the Strait of Hormuz
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The United States may need to “escalate” its attacks against Iran to be able to wind down the war, US Treasury Secretary Scott Bessent said on Sunday, after US President Donald Trump gave seemingly contradictory trajectories for the US military campaign.
Trump on Saturday threatened to “obliterate” Iranian energy plants if Tehran did not fully open the pivotal Strait of Hormuz, just a day after saying US objectives were “very close” and that he was considering “winding down” the war.
Asked on NBC’s Meet the Press if Trump was winding down or escalating the war, Bessent said: “They’re not mutually exclusive. Sometimes you have to escalate to de-escalate”.
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“This is the only language the Iranians understand,” he argued.
Iran’s threats against shipping through the Strait of Hormuz, through which about a fifth of global gas and oil supplies flow, have caused energy prices to soar around the world.
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Bessent, as part of efforts to abate market turmoil, has temporarily lifted US sanctions on Iranian and Russian oil that had already been loaded onto ships.
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