Iran vows retaliation after US expands sanctions

economictimes.indiatimes.com

Iran vowed retaliation against expanded US sanctions, warning of attacks on vital interests and energy chokepoints if its infrastructure is threatened. Treasury Secretary Scott Bessent said countries trading with Tehran could lose access to the dollar system. Bessent announced sanctions on 60 individuals, entities and vessels but stopped short of targeting Chinese banks, giving countries time to comply. Iranian officials expressed confidence China and Russia would resist the pressure campaign. The measures come amid an ongoing US-Iran war that has killed thousands, with oil prices falling despite supply disruption fears. Pakistan's army chief visited Tehran on a peace mission following an interim agreement that faltered.


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