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Iran says new sanctions threatened by ’desperate’ US will fail

Iran says new sanctions threatened by ’desperate’ US will fail

Iran’s foreign minister criticized the prospect of additional U.S. sanctions as a sign of desperation on Sunday, predicting the new measures would prove ineffective in undermining Tehran. Treasury Secretary Scott Bessent, scheduled to deliver a press conference later on Monday, has vowed to impose the most stringent sanctions in history on Iran.

Iran’s economy has been severely strained by existing international sanctions, its infrastructure has been repeatedly targeted, and thousands of lives have been lost due to airstrikes launched by the U.S. and Israel since February 28. Despite nearly six months of conflict, Iran remains resolute, having effectively blocked shipping in the Strait of Hormuz and imposed a blockade that has driven up global oil prices.

The minister dismissed the U.S.’s repeated calls for talks, stating they reflect desperation. He urged Washington to engage Iran with respect to reach a solution based on justice and honor. Iran’s President has called for a diplomatic resolution, emphasizing the world's acknowledgment of Iran's victory and the hatred America faces globally.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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