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Iran Vows Retaliation Against New U.S. Sanctions, Cites Trading Partner Support
๐Ÿ‡ธ๐Ÿ‡ฆ Saudi Arabia /Elections & Politics

Iran Vows Retaliation Against New U.S. Sanctions, Cites Trading Partner Support

From Asharq Al-Awsat · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • Iran vowed retaliation against new U.S. sanctions, expressing confidence that trading partners will resist American pressure.
  • The U.S. Treasury announced sanctions on 60 individuals and entities but avoided targeting Chinese financial institutions involved in Iran's oil trade.
  • Mediator Pakistan reported significant progress in talks with Tehran aimed at preventing conflict escalation and reopening the Strait of Hormuz.

Iran has promised to retaliate against expanded U.S. sanctions, which Washington claims will cut off the nation's economic lifeline. Tehran, however, expressed confidence that its major trading partners would resist the U.S. pressure campaign.

We are fully prepared for the US sanctions.

โ€” Ali MadanizadehIran's Economy Minister commenting on the new U.S. sanctions.

U.S. Treasury Secretary Scott Bessent unveiled the measures, which stop short of the most punishing sanctions but warn countries continuing to trade with Iran risk exclusion from the dollar-based financial system. Bessent did not identify targeted countries or when penalties would take effect, stating time would be given for compliance. The Treasury did sanction 60 individuals, entities, and vessels, but notably excluded Chinese financial institutions suspected of facilitating Iran's oil trade.

Naturally, the enemies intend to launch an economic terrorist attack on us, but we also have our own tools and know how to play the game. โ Our defense is no longer so defensive; the enemies should wait for an attack.

โ€” Ali MadanizadehIran's Economy Minister commenting on the new U.S. sanctions.

Mediator Pakistan reported "significant progress" in recent talks with Tehran. The discussions focused on preventing further conflict escalation and reopening the Strait of Hormuz. Iran's Interior Minister Mohsin Naqvi described the exchange with Iranian President as "very constructive." Iran has not yet commented on these talks.

The Iranian president โ candidly shared his government's perspective and we had a very constructive exchange on the issues involved.

โ€” Mohsin NaqviPakistan's Interior Minister commenting on talks with Tehran.

Before the sanctions were announced, Iran had threatened military responses and further oil export reductions from the Gulf. Following the announcement, Iran's Economy Minister Ali Madanizadeh stated, "We are fully prepared for the U.S. sanctions." He added that Iran possesses its own tools and knows how to "play the game," warning that "Our defense is no longer so defensive; the enemies should wait for an attack." He also noted that neither China nor Russia had "accepted" the U.S. measures, predicting resistance from other nations. A spokesperson for Iran's Revolutionary Guard Corps vowed significant blows to U.S. interests and energy chokepoints if Iran's infrastructure is threatened.

heavy blows to US vital interests and energy chokepoints if Iran's infrastructure is threatened

โ€” Hossein MohebbiBrigadier General and spokesperson for Iran's Revolutionary Guard Corps, vowing retaliation.
DistantNews Editorial

Originally published by Asharq Al-Awsat in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.