US unveils fresh sanctions to 'sever every economic lifeline' sustaining Iran
Summary
The United States announced new sanctions aimed at cutting off Iran’s access to money and resources, targeting sectors like digital assets, technology, gold, aviation, and shipping. The U.S. government warned other countries to join the effort or face consequences, while Iranian officials rejected the sanctions and said they are prepared to deal with them.Key Facts
- The U.S. expanded secondary sanctions against Iran to block economic support.
- Targets include Iran’s digital assets, technology, gold, aviation, and shipping sectors.
- The Treasury Department also sanctioned 60 individuals, companies, and vessels linked to Iran’s oil and weapons activities.
- Countries that do not support the sanctions risk isolation by the U.S.
- President Donald Trump is directly urging world leaders to stop dealing with Iran.
- Iran’s economy minister said Iran has a two-year plan to withstand the sanctions.
- Iran’s deputy foreign minister stated the sanctions indicate U.S. military failure.
- Iran’s oil exports through the Strait of Hormuz have significantly dropped due to U.S. naval actions.
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