US announces new Iran sanctions; Tehran hits back, calls them 'state terrorism'
The US Treasury Department announced additional targeted Iran-related measures.
The United States has imposed additional targeted sanctions on Iran, following threats by Treasury Secretary Scott Bessent to take further action. These sanctions target an Egyptian bank and Banque Misr's branches in the United Arab Emirates, revoking their correspondent banking access to US financial institutions. Iran has called the new measures "state terrorism" and urged other nations not to join, arguing they violate international law.
Iran's Foreign Minister stated that participating in the sanctions amounts to complicity in imposing one state's unlawful will on independent states and puts millions of civilians at serious risk. Despite Iran's condemnation, the US Treasury Department continues its economic campaign, warning countries to cut business ties with Iran or face secondary sanctions.
The ongoing conflict in Iran has strained international relations, with the Strait of Hormuz remaining a significant obstacle to peace talks.
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