Iran condemns US plans to announce new sanctions
Iran says foreign banks and companies that comply with the new measures would be treated as enemies, as Washington plans tougher sanctions, officials said.
- The U.S. and Iran continued exchanging hostile statements on Saturday, as Washington prepared to announce new sanctions against Tehran.
- U.S. Treasury Secretary Scott Bessent has said the upcoming measures will impose unprecedented economic pressure on Iran and could reduce the need for further military action.
- Iran has rejected the planned sanctions, describing them as illegal and an infringement on its sovereignty. Iranian officials have said Tehran is preparing strategies to withstand additional economic pressure.
- The two sides have not resumed direct negotiations, while disagreements persist over issues including Iran's nuclear program, sanctions and the status of the Strait of Hormuz.
- Oil shipments through the waterway have fallen sharply from pre-war levels, with Reuters reporting an average of about 8 million barrels per day, compared with more than 20 million before the conflict.
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US-Iran war news LIVE: Iran warns neighbours against joining Trump's economic war, threatens action over oil routes
US-Iran war news LIVE: Iran's Secretary of the Supreme National Security Council (SNSC), Mohsen Rezaei, on Saturday (local time) issued a warning to neighbouring countries against joining the United States' economic war. Tune in to Live Mint to catch all the latest US-Iran war-related updates.
The Korea Times
Vanguard NewsIran warns any country joining US sanctions considered 'enemy'
TEHRAN — Iran on Saturday warned countries against participating in the United States' "economic war" against the Islamic republic, saying they would be considered enemies. Washington has pushed its allies to jump aboard Donald Trump's new campaign to isolate the Iranian economy, as the U.S. president's unpopular war drags toward the six-month mark. "We declare to all countries ... do not join the economic war waged by the United States," said M…
Iran has stated a hardline stance that it will consider countries participating in U.S. economic sanctions as enemies. Amid escalating tensions stemming from U.S. President Trump's unprecedented declaration of economic war and pressure on third countries through sanctions, the U.S. Treasury Department is scheduled to announce additional sanctions on the 24th, raising expectations for international repercussions.
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