US, Iran keep up hostile rhetoric ahead of new sanctions
The sanctions are set to target Iran and its major oil buyers as tanker traffic through the Strait of Hormuz remains heavily disrupted, officials said.
- U.S. Treasury Secretary Scott Bessent will hold a press conference on Monday to reveal "the toughest sanctions in history" on Iran while urging China to cooperate with Washington.
- Foreign Ministry spokesperson Esmaeil Baghaei on Saturday called the imminent sanctions an "assertion of extraterritorial sovereignty," arguing secondary measures find "no foundation in international law."
- Parliament speaker Mohammad Baqer Qalibaf acknowledged the strain on the Iranian economy Thursday, stating, "We won't survive if people are hungry and we don't have financial turnover."
- President Donald Trump warned of consequences for any country providing "any type of lifeline to Iran," while oil shipments through the Strait of Hormuz remain effectively halted.
- China buys more than 80% of Iran's shipped oil, complicating Washington's strategy as the war nears six months old with neither side actively pursuing peace talks.
20 Articles
20 Articles
The United States will unveil a new package of economic sanctions against Iran on Monday, but Tehran and Washington have traded barbs at each other ahead of the announcement. The new US sanctions package would affect both the Islamic Republic and Iran's key trading partners, including China.
On the eve of the announcement of new economic sanctions by the United States — scheduled for next Monday — Washington and Tehran again exchanged incisive statements. New US measures can directly affect Iran and its main trading partners, including China. Exclusive material for subscribers. To have full access, access the link of the subject and register.
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