1 week ago

Iran vows resistance as US expands sanctions and seeks talks

Iran vows resistance as US expands sanctions and seeks talks
Iran vows to resist widened US sanctions, says Washington seeks talks · theprint.in

The United States added new economic punishments against Iran.

These sanctions are meant to make it harder for Iran to trade and earn money.

Iran said it would resist and might respond if its infrastructure is attacked.

Iranian officials also said the United States may want to restart talks.

Pakistan tried to help the two countries communicate.

The talks focused on reducing fighting and reopening the Strait of Hormuz.

A tanker was hit near the strait, where much of the region’s oil passes.

The situation remains tense even though major strikes have paused for weeks.

Key facts

New US sanctions
The Treasury Department sanctioned 60 individuals, entities and vessels.
Chinese institutions
The sanctions list did not include Chinese financial institutions suspected of facilitating Iran’s oil trade.
Iranian oil transit
About 5 million barrels per day moved through the Strait of Hormuz on Monday, compared with more than 20 million before the war.
Tanker incident
An oil tanker was struck by an unidentified projectile about 9 nautical miles northeast of Oman’s Ash Shishah.
Mediation
Pakistan said talks with Iran made significant progress on preventing escalation and reopening the Strait of Hormuz.
US-Iran agreement
An interim deal signed in June aimed to end the conflict but quickly faltered.
China’s position
China said its cooperation with Iran follows international law and should not be disrupted.

Quotes

Ali Madanizadeh

Iranian economy minister

“Our defense is no longer so defensive; the enemies should wait for an attack”
theprint.in
“It seems the main goal was to revive the stopped political process”
theprint.in

Sources

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