Iran War: Iran Warns US of Boomerang Effect in Economic War
Military action in the Iran war has eased. The US now wants to force Tehran to its knees economically. Iran warns of possible consequences.
Iranian Parliament Speaker Mohammed Bagher Ghalibaf has warned the US against imposing stricter sanctions on the Islamic Republic, suggesting it could backfire. US President Donald Trump announced on Wednesday plans to drastically increase economic pressure on Iran, describing it as an "economic D-Day". US Finance Minister Scott Bessent will outline the plans on Monday, describing them as the "toughest sanctions in history".
Despite efforts to circumvent sanctions, Iran's economy has been under massive pressure, with the population suffering from surging inflation.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
