Iran Warns Against Sweeping New US Sanctions, Will Washington’s Toughest Economic Offensive Change Tehran’s Course?
· Free Press Journal
Iran has strongly criticised Washington’s plan to impose tougher sanctions, describing the move as an attempt to control the economic decisions of independent countries.
Iranian Foreign Ministry spokesperson Esmaeil Baqaei said the proposed sanctions went beyond economic warfare against Tehran. He called them an assertion of “extraterritorial sovereignty” over independent United Nations member states.
Visit turconews.click for more information.
US Plans Wider Economic Isolation
US Treasury Secretary Scott Bessent said the Trump administration intended to severely weaken Iran’s economy, potentially reducing the need for major American military operations.
Bessent promised the “greatest coordinated economic isolation” ever imposed on a country. He said details of the plan would be announced at a news conference on Monday.
The US is also expected to pressure its allies to support the campaign. Vice-President JD Vance described economic pressure as Washington’s most effective tool against Tehran.
President Donald Trump earlier threatened heavy financial penalties against countries helping Iran avoid sanctions. He described the planned action as economic warfare and isolation on an unprecedented scale.
Iran Seeks Support Against Sanctions
Iranian Parliament Speaker Mohammad Baqer Qalibaf urged Muslim countries to develop a joint plan to overcome what he called cruel sanctions.
'Iran Faces 'Many Problems' As US Tightens Sanctions,' Says President Masoud PezeshkianQuestions remain over whether additional penalties can change Tehran’s position. Iran is already among the world’s most heavily sanctioned countries, while China and Russia remain important partners.
Hormuz Traffic Remains Low
Military attacks have slowed in recent days, but shipping through the Strait of Hormuz remains far below levels recorded before the US launched its war against Iran on February 28.
Talks aimed at reopening the vital shipping route have stalled. Kpler data showed only 10 crossings on Monday and two on Sunday.
Iranian President Masoud Pezeshkian said Tehran wanted the war to end sooner rather than later. He described a June 17 memorandum with Washington as a victory for Iran.
'No Oil Will Leave Hormuz': Iran Warns Nations Joining US Economic SiegeThe agreement allowed Tehran to negotiate the administration of the Strait of Hormuz with Oman and other Gulf countries.
Brent crude settled at USD 94.39 per barrel, while US West Texas Intermediate closed at USD 87.06. Both benchmarks ended the week higher as markets assessed sanctions and supply risks.