Bicent: I Cannot Say How Long the Conflict with Iran Will Last

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Despite ongoing diplomatic efforts through intermediaries for de-escalation between Iran and the U.S., the exchange of threats between the two sides continues. U.S. Treasury Secretary Scott Basset confirmed that his country is moving forward with economically isolating Iran.

Basset stated in an interview with CNBC today, Monday, that he "cannot say how long the conflict will last" with Tehran.

He also clarified that Chinese authorities are "very engaged" in the economic pressure process on the Iranian side, referring to their commitment to the U.S. sanctions imposed on them. He explained that he "discussed this issue with the Chinese side."

Additionally, the U.S. Secretary emphasized that all Iranian airlines will cease operations worldwide on September 23, just two days later, due to the threat of imposing secondary sanctions on air service providers.

After concluding talks last night, Sunday, with Chinese Vice Premier He Lifeng, he pointed out that when an Iranian plane lands at any airport, "you cannot refuel it, nor provide landing services for it, nor sell tickets for it, otherwise you will be excluded from the dollar-based financial system," as he expressed.