(Bloomberg) -- Iran can come to the negotiating table or let its economy crumble, the U.S. special representative for Iran, Brian Hook, told reporters in a telephone briefing on Monday.
“Iran's proxies are suffering from financial shortfalls” and so is Tehran, Hook said.
His remarks came hours before U.S. President Donald Trump was expected to impose new sanctions on Iran. Trump last week called off retaliatory strikes on Iran following the downing of an American drone because the action wouldn't have been “proportionate.”
--With assistance from Donna Abu-Nasr.
To contact the reporters on this story: Vivian Nereim in Riyadh at vnereim@bloomberg.net;Sarah Algethami in Riyadh at salgethami@bloomberg.net
To contact the editors responsible for this story: Alaa Shahine at asalha@bloomberg.net, Paul Abelsky
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