Iran vows to retaliate after US widens sanctions
Treasury Secretary Scott Bessent said the campaign targets five sectors and warned trading partners could lose access to the U.S. dollar-based financial system.
- On Monday, Treasury Secretary Scott Bessent unveiled new sanctions targeting 60 individuals, entities, and vessels linked to Iran, though the measures excluded Chinese financial institutions suspected of facilitating Iranian oil trade.
- The administration of President Donald Trump aims to pressure Iran's economy to curb regional attacks, despite Tehran having endured decades of sanctions that battered its economy without deterring its leadership.
- Iranian Economy Minister Ali Madanizadeh stated, "We are fully prepared for the U.S. sanctions," while the Islamic Revolutionary Guard Corps threatened "heavy blows" to U.S. interests if Iranian infrastructure faces threats.
- Pakistani army chief Asim Munir visited Iranian President Masoud Pezeshkian in Tehran on Monday, where Pezeshkian urged the United States to "correct its tone and approach," warning that coercion complicates diplomatic processes.
- Washington remains wary of Chinese retaliation ahead of expected talks next month between Trump and Chinese President Xi Jinping, prompting Treasury Secretary Bessent to avoid immediate penalties on Chinese banks to allow time to sever ties.
99 Articles
99 Articles
Iran Vows to Resist Widened U.S. Sanctions, Says Washington Seeks Talks
Iran pledged to fight back against expanded U.S. sanctions aimed at isolating its economy, expressing confidence that major trading partners would resist the pressure campaign and saying that Washington was keen to revive talks.
Tehran vows to retaliate after US widens sanctions
Iran yesterday pledged to fight back against expanded US sanctions aimed at isolating its economy, expressing confidence that major trading partners would resist Washington’s pressure campaign. Almost six months into a conflict the US has struggled to resolve, US Secretary of the Treasury Scott Bess
Economy minister responds to new US sanctions: Offensive economic strategy prepared
TEHRAN – Iran's Minister of Economic Affairs and Finance, Seyed Ali Madanizadeh, has stated that the government has formulated an offensive economic plan to counter US sanctions against the Iranian nation.
Iran’s economy minister promised “a new defeat” for the U.S. after Washington’s announcement of new sanctions against Tehran and said he has a “two-year plan” to confront them.
Iran vows retaliation after widened US sanctions
Iran threatened to retaliate after the Trump administration on Monday unveiled a new effort to isolate the Islamic Republic from the global economy and ramp up pressure to bring the nearly six-month-long war to a close and reopen the Strait of Hormuz. Treasury Secretary Scott Bessent shared few details about “Operation Economic Outcast” in highly…
Iran says it has '2-year' plan to withstand Trump 'Economic D-Day' sanctions
Iran’s economy minister has declared that Tehran stands fully prepared to weather a sweeping new wave of American sanctions, predicting that the pressure campaign launched under President Donald Trump will deliver yet another failure for Washington. According to a report from the Times of Israel, Iranian Economy Minister Ali Madanizadeh told state television that the […]
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