U.S. officials are of the view that pressuring Iran with sanctions would damage the country more than bombs, Axios reported Tuesday, claiming there is a deepening economic crisis inside Iran.
"The Iranians want to stop being bombed and they want money. But that's almost in reverse order. They really want the money first," a senior U.S. official said.
Officials said Iran previously told U.S. negotiators Jared Kushner and Steve Witkoff that gaining access to money was a top priority.
"They're begging Steve and Jared for cash. They're desperate for it," one official claimed.
A U.S. official said sanctions and the naval blockade will take longer than bombing to pressure Iran.