Iran Vows To Resist New US Sanctions As Washington Tightens Economic Pressure

Iran says it is fully prepared to withstand widened US sanctions after Washington announced what it called an “economic D-Day” aimed at isolating Tehran from the global economy.

Iranian Economy Minister Ali Madanizadeh said the government has a two-year plan to manage the impact of the sanctions and predicted another defeat for the United States.

US Treasury Secretary Scott Bessent announced the measures on Tuesday, warning that countries, banks and businesses that continue financial dealings with Iran could also face isolation.

The new sanctions are expected to put further pressure on Iran’s economy, although economists say their effectiveness will depend largely on how Tehran’s major trading partners respond.

China, Iran’s biggest buyer of oil, has rejected the US measures as illegal unilateral sanctions and said it will protect its economic interests.

The development comes amid the ongoing war and rising global oil prices, with Iran warning that it could shut down all oil exports from the region if the conflict continues.