{
  "id": 3030543,
  "title": "Iran vows to retaliate against countries that cooperate with fresh US sanctions",
  "url": "https://urgent.news/2026/08/24/iran-vows-to-retaliate-against-countries-that-cooperate-with-fresh-us-3030543",
  "topic": "world",
  "section": "World",
  "published": "2026-08-24T13:41:21.000Z",
  "source": {
    "name": "People Daily Kenya",
    "slug": "people-daily-kenya",
    "url": "https://peopledaily.digital/news/iran-vows-to-retaliate-against-countries-that-cooperate-with-fresh-us-sanctions"
  },
  "original_language": "en",
  "account": "Iran has declared its intent to retaliate against any nation that collaborates with the US in imposing new sanctions on Iran, as Treasury Secretary Scott Bessent describes it as the \"single greatest financial offensive ever marshalled against an adversary\". The UAE, Iran's primary trading partner in the Middle East, has ceased all trade with Iran, a decision Tehran attributes to coordination with Washington. The US plans to impose secondary sanctions on any country or entity engaging in trade with Iran. China remains Iran's principal importer of oil, having largely ignored US warnings against Iranian oil imports. In May, the US threatened sanctions against Chinese refiners and banks supporting them, but China responded by stating the threats were illegitimate and deploying a statute to hinder the effectiveness of US sanctions in Chinese territories. US sanctions on Iranian oil exports to Asia have been largely effective due to a naval blockade, causing oil shipments to reach record prices. Iran's central bank governor confirmed that crude exports have \"virtually stopped\" because of the US blockade, leading to a sharp decline in the value of the rial. Despite the US economic pressure campaign spanning over two decades, Iran has managed to withstand the impact. Iran's security chief warned that \"earthquake-like\" retaliation would ensue if the US proceeded with the proposed measures, and he cautioned Iran's Gulf neighbors against joining the US sanctions campaign. Iran's foreign minister dismissed the expected sanctions as the US showing desperation, claiming they would fail to defeat Tehran. The Iranian foreign ministry spokesperson asserted that the US declaration was an attempt to exert jurisdiction over the entire world, targeting international sovereignty, thus violating international law and the UN charter. Iran's academic community views the announced economic war as a sign of US weakness following previous military failures, preferring military action over economic warfare.",
  "summary": "Tehran has vowed to retaliate against any country that cooperates with the US attempt to impose fresh sanctions against Iran in what the Treasury secretary, Scott Bessent, has billed as “the single greatest financial offensive ever marshalled against an adversary”. In advance of the US announcement, the United Arab Emirates, Iran’s single biggest trading partner in the […]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}