TEHRAN, Aug. 25 (YPA) – Iran has vowed to respond to a new package of expanded U.S. economic sanctions, while expressing confidence that key trading partners, particularly China and Russia, will resist Washington’s campaign.
In a statement, the U.S. Treasury Secretary Scott Bessent announced sanctions targeting around 60 individuals, entities and vessels, warning companies and countries that continue trading with Tehran that they could face exclusion from the dollar-based financial system. The measures notably excluded Chinese financial institutions suspected by Washington of facilitating Iranian oil trade.
Meanwhile, the Iranian Economy Minister Ali Madani Zadeh said Tehran would not limit its response to defense, while Revolutionary Guard spokesman Brig. Gen. Hossein Mohabi warned that Iran could strike vital U.S. interests and energy routes if its infrastructure were threatened.
The escalation comes amid continued uncertainty over efforts to end the conflict, with Washington seeking to use economic pressure to force Tehran into concessions. China, meanwhile, rejected the sanctions and said it would take necessary measures to protect its interests.
Pakistan has also entered the diplomatic effort, with Army Chief Asim Munir meeting Iranian President Masoud Pezeshkian in Tehran as part of what Pakistani sources described as a peace mission.
Pezeshkian called on Washington to change its approach toward Iran, warning that bullying and arrogance would only further complicate the situation.
AA