
US declares economic war on Iran as Tehran threatens retaliation
US President Donald Trump announced unprecedented economic measures against Iran, prompting Tehran to warn neighboring nations against supporting Washington.
United States President Donald Trump has declared an unprecedented economic campaign against Iran following stalled diplomatic negotiations. Trump stated that Tehran failed to capitalize on a favorable opportunity for a deal, with US Treasury Secretary Scott Bessent scheduled to detail the new financial measures on Monday.
In response, Mohsen Rezaei, secretary of Iran's Supreme National Security Council, warned that Tehran will target the interests of any neighboring countries assisting Washington in its economic offensive. Meanwhile, Iranian hardliners continue to maintain a blockade of the Strait of Hormuz, demanding full compliance with June's 14-point memorandum—including asset unfreezing and sanction relief—before reopening the waterway.
Sources: ANSA, Corriere della Sera, Il Messaggero, La Repubblica


