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US 'Will Achieve Nothing' with Its Economic Chokehold, Tehran Says

President Masoud Pezeshkian said U.S. economic pressure will fail as Iran and Oman negotiate a deal limiting military transit through Hormuz.

  • On Wednesday, Iranian President Masoud Pezeshkian dismissed recent US economic pressure, stating the "United States will achieve nothing" with its new sanctions campaign.
  • Treasury Secretary Scott Bessent laid out plans for "economic asphyxiation" of Iran on Monday, warning of dire consequences for nations failing to join the campaign against the Islamic Republic.
  • Tehran and Oman reached an understanding on Tuesday to manage commercial shipping traffic through the Strait of Hormuz, with Deputy Foreign Minister Kazem Gharibabadi stating the agreement restricts military vessel transit.
  • President Donald Trump threatened to bomb Oman if it "gets in the way," while the Trump administration opposes joint management of the strait, claiming Washington "has total control."
  • Negotiations between Iran and the United States have stalled over control of the strategic passage; Iran has controlled the Hormuz since February 28, attempting to impose fees on transiting vessels.
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12 Articles

Center

"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.

·Bucharest, Romania
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Lean Left

While negotiations were deadlocked, Israeli Prime Minister Benyamin Netanyahu, for his part, said that no diplomatic agreement was possible with Iran's leaders, who were described as "wild".

·Paris, France
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Al ArabiyaAl Arabiya
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The New Indian ExpressThe New Indian Express
Lean Right

Iran President says 'US will achieve nothing' with economic pressure

·Riyadh, Saudi Arabia
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Lean Left

Iranian President Massoud Pezeshkian said on Wednesday that the United States would get "nothing" with their new economic pressures against Iran.

·Montreal, Canada
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The Nation broke the news in Lahore, Pakistan on Wednesday, August 26, 2026.
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