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Iran Condemns Trump's 'Crushing' Sanctions as Economic Terrorism

Iran Condemns Trump's 'Crushing' Sanctions as Economic Terrorism
'Economic Terrorism': Iran Blasts US After Trump Announces 'Most Crushing' Sanctions Ever · republicworld.com

The United States announced very strong new economic sanctions against Iran.

Sanctions are rules meant to make it harder for a country to trade or use money.

US President Donald Trump said the measures would target Iran’s oil and financial networks.

He also warned other countries and businesses not to help Iran.

Iran’s Foreign Ministry strongly rejected the action.

It called the sanctions “economic terrorism” and said they harmed ordinary Iranians.

Iran said it would continue defending its security and national interests.

The disagreement is happening while tensions are high around the Strait of Hormuz.

Iran’s foreign minister also said the US policy would fail and could hurt the global economy.

Key facts

US action
Trump announced what he called the “most crushing economic operation ever taken against any country.”
Iran’s response
Iran’s Foreign Ministry described the sanctions as “economic terrorism” and “crimes against humanity.”
Targeted networks
The measures are intended to target oil smuggling, financial transfers, exchange houses, ship registries and front companies.
Secondary consequences
Trump warned that countries, businesses, financial institutions, airports and government entities supporting Iran could face “tremendous economic consequences.”
Strait of Hormuz
Trump said the Strait was open and claimed a US naval blockade had been “100 per cent successful.”
Nuclear issue
Trump reiterated that Iran would not be allowed to acquire a nuclear weapon.
Iranian position
Iran said it would remain committed to defending its security, national interests, independence and sovereignty.

Quotes

Seyed Abbas Araghchi

Iranian Foreign Minister

“The US President also warned that any country allowing its financial institutions, businesses, airports or government entities to support Iran would face “tremendous economic consequences.””
republicworld.com
“The so‑called ‘Economic D‑Day’ is a diversion from America’s own crisis: unprecedented debt and surging interest costs.”
republicworld.com

Sources

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