US Treasury Secretary Scott Bessent has moved from his Washington, D.C., residence to a military base due to alleged Iranian threats on his life, reports say, weeks after he initiated a US sanctions and ​economic terrorism campaign against the Islamic Republic.

Citing unnamed officials familiar with the matter, The New York Times said on Tuesday that Bessent was recently moved to a military base after American officials concluded that Tehran’s alleged plots against current and former American officials had reached a more “advanced stage.”

Fox News Digital, citing an unnamed senior administration official, reported that the Treasury chief was moved out of his home and onto a military base after Iranian threats against his life.

“The move shows that Treasury’s strategy regarding Iran is working because Iran is trying to get to the architect of that strategy,” the official said, without confirming when Bessent had moved onto the base.

“Threats against Sec. Bessent reached more than an advanced stage, which is why he and his family made the move,” the official added.

A Treasury Department spokesperson also confirmed the relocation. Reuters reported that it had seen a memo in which a senior intelligence official alleged last month that Iranian plots against US personnel and American citizens had reached an “advanced stage.”

Mirage of capitulation: Bessent’s ‘Economic D-Day’ on Iran proves another foolhardy and failed gamble

Trump’s economic war against Iran has failed to force capitulation, exposing the limits of American coercion. Despite sanctions and blockades, Iran maintains economic lifelines while global energy disruptions impose mounting costs on America.

Bessent has spearheaded the US sanctions and economic terrorism campaign against Iran, known as Operation Economic Outcast, since August, seeking to compel Tehran to halt attacks on violating ships and reopen the Strait of Hormuz.

The strategic strait has remained effectively closed to unauthorized maritime traffic since early March, days after the US-Israeli war of aggression against Iran began.

Iranian officials have repeatedly stressed that vessels seeking to cross the waterway must use routes designated and authorized by the Islamic Revolution Guards Corps (IRGC) Navy.

According to Fox News, Bessent is not the only senior administration official moving into protected housing.

Iran has previously rejected claims of having plots to attack officials and people on US soil.

The Strait of Hormuz, which connects the Persian Gulf to the Gulf of Oman and the Arabian Sea, is one of the world's most important energy passageways, carrying a substantial share of global seaborne oil supplies.

The closure of the strait resulted in a significant increase in oil and energy prices across the globe, especially in the US, forcing Washington and the International Energy Agency (IEA) to release their strategic reserves several times.