Explainer-What are Iran's options to escalate further in face of US economic threats?

The United States is preparing to impose new sanctions on Iran, which has led to concerns about how Iran might respond to the economic pressure. According to Al-Monitor, Mohsen Rezaei, a former Revolutionary Guards chief, has threatened to shut down oil exports, one of Iran's main strategic approaches.

The new sanctions have also raised concerns about their impact on trade with other countries. Business Recorder reports that Indian exporters are worried that the sanctions, combined with the UAE's halt on trade with Iran, could disrupt India's exports of rice, tea, and pharmaceuticals to Iran.

The US President has stated that Iran is "collapsing" as Washington prepares to announce the details of its new economic pressure campaign, according to Free Malaysia Today. The US Treasury Secretary has declared that an "economic D-Day" has begun against Tehran, warning that any country that continues to enable Iran would become a "global pariah".

Brief written by urgent.news from Al-Monitor, CBS News, Business Recorder, Free Malaysia Today — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.