Iran condemns US plans of new sanctions as Trump warns against countries providing Iran a lifeline

Iran on Saturday denounced planned US sanctions as an illegal assertion of extraterritorial sovereignty, with its military chief vowing "crushing, punishing and devastating responses" to enemy threats. The US Treasury Secretary is scheduled to announce "the toughest sanctions in history" on Monday, potentially impacting Iran's economy and its key trading partners, particularly China.

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Such secondary sanctions find no foundation in international law.

US President Donald Trump warned countries against providing any "lifeline to Iran," stating that while Iran might want a deal, they are not ready for the "right deal." The announcement of new sanctions follows nearly six months of war since US and Israeli airstrikes on Iran, with neither side pursuing peace talks. Oil shipments remain largely stalled in the Strait of Hormuz, a vital waterway where Tehran has threatened to strike unauthorized oil tankers.

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Iran would respond to enemy threats militarily with "crushing, punishing and devastating responses."

Iran's Foreign Ministry spokesperson, Esmaeil Baghaei, argued that secondary sanctions lack a foundation in international law. Meanwhile, ship-tracking data shows minimal traffic in the Strait of Hormuz, with few large crude carriers or LNG tankers transiting. However, Iran has granted special permission for a number of Iraqi oil tankers to pass through the strait following requests from Baghdad.

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They would love to make a deal, but they're not ready to make the right deal, in my opinion.