Iran vows ‘devastating’ response as US threatens toughest ever economic hit

Tehran warns of sweeping retaliation as Washington prepares record sanctions aimed at Iran’s rulers.

Iran’s foreign ministry says American ‘economic terrorism’ will not deter Tehran

The United States is preparing unprecedented sanctions against Iran. These measures aim to increase economic pressure on Tehran significantly. Washington also seeks cooperation from China regarding Iranian oil trade. China rejects sanctions and advocates for diplomatic solutions to the conflict. The Strait of Hormuz re

By Jana Choukeir and Susan Heavey DUBAI/WASHINGTON, Aug 21 (Reuters) - Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership. U.S. Treasury chief Scott Bessent's

US Treasury Secretary Bessent says new economic measures will 'collapse' Iranian government.