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Tehran Dismisses US Economic Threat

Tehran said joining Washington’s campaign would bring consequences as the United States expands what it calls a major financial offensive.

  • On yesterday, the Iranian Ministry of Foreign Affairs warned countries against joining the United States' economic campaign, with spokesman Esmaeil Baqaei stating participation would "definitely have its own consequences."
  • Treasury Scott Bessent announced an "economic D-Day," calling it the "single greatest financial offensive marshalled against an adversary," as President Donald Trump reinstated his "maximum pressure" policy after taking office last year.
  • Iranian Deputy Minister of Foreign Affairs Kazem Gharibabadi challenged US claims that Iran's military was "dismantled," questioning why Washington seeks "the largest financial invasion in history" if capabilities were already destroyed.
  • Control over the Strait of Hormuz remains a key flashpoint, with Iran insisting the vital energy conduit stays closed until Washington lifts sanctions and unfreezes Iranian assets abroad.
  • Amid US efforts to isolate Tehran, Iranian Minister of Foreign Affairs Abbas Araghchi said relations with China "have taken on deeper, more structural, and more comprehensive dimensions," per yesterday's Ettelaat newspaper.
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12 Articles

The Times of Northwest IndianaThe Times of Northwest Indiana
+2 Reposted by 2 other sources
Center

Iranian official predicts US sanctions will fail

DUBAI — Iran's foreign minister dismissed the threat of new U.S. sanctions as a sign of desperation Sunday and said the expected new measures would fail to defeat Tehran.

·Munster, United States
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Iranian Foreign Ministry spokesman Ismail Bekayi argued that the US's new economic initiative against Iran targets not only Iran but also the national sovereignty of all countries and the fundamental principles of international law.

·Ankara, Türkiye
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Bias Distribution

  • 57% of the sources lean Left
57% Left

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The Times of Northwest Indiana broke the news in Munster, United States on Monday, August 24, 2026.
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