Iran Says US Sanctions Will Achieve Nothing as Netanyahu Dismisses Diplomacy
Iran says decades of sanctions have failed as the Strait of Hormuz remains shut, disrupting traffic that normally carries about 20% of global oil and LNG exports.
- On Wednesday, Iranian President Masoud Pezeshkian rejected United States economic pressure, asserting America will "achieve nothing" with its sanctions campaign while vowing Iran will stand firm.
- Treasury Secretary Scott Bessent announced expanded secondary sanctions on Monday targeting Iran's digital assets, gold, aviation, and shipping sectors as President Donald Trump pivoted to economic levers.
- While Bessent claimed the US "dismantled Iran's military capabilities, destroyed nearly 100 percent of its military factories," Army spokesperson Mohammad Akraminia said Wednesday Iran has rebuilt all damaged weapons systems.
- Israeli Prime Minister Benjamin Netanyahu dismissed any prospect of a deal on Tuesday, calling Iran's leaders "savages" and telling President Donald Trump that "an agreement cannot be reached."
- Omani Foreign Minister Badr Albusaidi said Tuesday that Iran and Oman may "soon announce" a temporary transit corridor through the Strait of Hormuz, with Revolutionary Guards citing revenue-sharing agreements.
16 Articles
16 Articles
Iran's President, Massoud Pezeshkian, claims that the United States will not be able to obtain "anything through the new economic pressure campaign on the Islamic Republic. Tehran's leader's statements were made on Wednesday and were taken over by the local press, quoted by AFP, while negotiations between Iran and the US for the end of the war are at a difficult point.
Times of Malta
ABS-CBNIran says US sanctions will achieve nothing as Netanyahu dismisses diplomacy
Iran's president insisted on Wednesday that the United States will achieve nothing with its sanctions campaign after Washington laid out plans to collapse the country's economy.Almost six months into their war, the two sides are locked in a stalemate, with Iran keeping the key Strait of Hormuz shut and Washington persisting with a naval counter-blockade...
"The United States will get nothing with the new round of economic sanctions," Iranian President Masoud Pezeshkian said on Wednesday, in a new response of Tehran to Washington's threats of "economic asphyxiation," Euronews reports.
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