Iran Ready for U.S. Sanctions With Two-Year Plan, Warns of Regional Oil Disruption
Translated from Slovenian, summarized and contextualized by DistantNews.
At a glance
- Iran claims to have a two-year plan to counter U.S. "Economic Exorcist" sanctions.
- The U.S. is pressuring countries and companies to choose between doing business with the U.S. or Iran.
- Analysts question the short-term effectiveness of the U.S. measures, while Iran warns of potential oil export disruptions.
Iran asserts it is prepared for expanded U.S. sanctions, revealing a two-year plan to mitigate the impact of Washington's "Economic Exorcist" operation. The U.S. initiative aims to isolate Iran further from the global economy by systematically closing financial and trade routes that allow the country to sell oil, access technology, and move money.
We have been waiting for these plans for a long time. We also have our tools and know how to play this game.
Iranian Economic Minister Ali Madanizadeh stated that Tehran has long anticipated such measures and possesses its own "tools" to navigate the situation. He expressed confidence that China and Russia would not comply with the U.S. demands and anticipated other nations would join them. This statement marks Iran's most concrete response to U.S. Treasury Secretary Scott Bessent's description of the sanctions as the "largest financial offensive ever."
Sanctions and pressure policies do not contribute to resolving the conflict, and Beijing will protect its interests.
However, some economists express skepticism about the immediate effectiveness of the U.S. strategy. David Oxley of Capital Economics suggests that Iran's oil exports are already significantly constrained by a U.S. naval blockade, potentially limiting the impact of new measures on energy revenues. Meanwhile, Iran has reiterated its leverage, warning that it could disrupt oil exports from the wider region if pressure escalates. The country has also instructed ships not to transit the Strait of Hormuz without permission, a waterway crucial for global energy supplies.
The Iranian oil exports are already severely limited due to the U.S. naval blockade, so the new measures themselves may not significantly reduce Iran's energy revenues.
Originally published by Delo in Slovenian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.