Top Iran official says US focus on economic warfare shows it has failed militarily
Iranian officials call the threat economic terrorism as Treasury Secretary Scott Bessent warns of broader secondary sanctions and says China buys about 90% of Iranian oil.
- Earlier this week, President Trump promised "the most crushing economic operation ever taken against any country" on Truth Social, threatening an "economic D-Day" via secondary sanctions against nations providing lifelines to Iran.
- Following the expiration of a 60-day memorandum to negotiate peace, diplomatic efforts remain stalled as ideological hard-liners consolidate control over parts of the Iranian government.
- Treasury Secretary Scott Bessent claimed on Thursday that Iran faces the "greatest coordinated economic isolation in the history of the world," though he declined to confirm if China, which buys about 90 percent of Iranian oil, would be targeted.
- On Friday, Iran's parliamentary speaker Mohammad Baqer Ghalibaf dismissed the threat, stating it reveals Washington's inability to prevail militarily, while Iranian Foreign Minister Abbas Araghchi condemned the pivot as "economic terrorism."
- A Chinese Foreign Ministry spokesman called for negotiations instead of sanctions on Friday, as analysts note that Iranians facing an existential threat are willing to endure greater economic costs for survival.
15 Articles
15 Articles
Iran: Trump's economic threat paves the way for "return to full-scale classic colonialism"
Iran pushed back on US President Donald Trump’s threat of an “economic D-Day,” calling it “a recipe for an abysmal return to full-scale classic colonialism.” Iranian Foreign Ministry spokesperson Esmaeil Baghaei said on Friday the United States’ declaration of new economic sanctions against the country is an “assertion of extraterritorial sovereignty over every independent Member State of the United Nations.” The US president had earlier threat…
Araghchi says Trumps Economic D-Day on Iran bound to fail, cites repeated US failures - The Tribune
'14 years ago: 'Most crippling sanctions in history.' Failed. 8 years ago: 'Maximum pressure.' Failed. 5 months ago: 'Unconditional surrender.' Failed. Today: 'Most crushing economic operation ever.' Bound to fail. We have seen this movie before. Same bull. Different bullies,' Araghchi said.
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