Iran defiant as US escalates economic isolation measures
2026-08-26 10:12:51 source：CGTN
August 25, 2026
Iran has vowed to retaliate against expanded US economic sanctions that the Americans said would cut off Iran's economic lifelines, with Tehran expressing confidence that major trading partners would resist Washington's pressure campaign.
US Treasury Secretary Scott Bessent on Monday unveiled measures aimed at further isolating Iran, but stopped short of the most punishing sanctions, saying countries that continued trading with Iran risked being forced out of the dollar-based financial system.
The widening US sanctions
The US Treasury Department said in a press release that the new sectoral sanctions determinations target five critical sectors – digital assets, technology, gold, aviation and shipping – that the US says Iran has relied on to prop up its economy.
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