What are the US sanctions on Iran and who else will be affected? - BBC News
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US Sanctions Announced
On Monday, US Treasury Secretary Scott Bessent announced an "economic D-day" against Iran with further sanctions on the regime and countries doing business with it.
- Iranian Economy Minister Ali Madanizadeh stated that Tehran was "fully prepared" for the sanctions, which he predicted would lead to another defeat for the US.
Impact on Iran
Iranians have already felt the impact of decades of sanctions, leaving their economy in tatters. The BBC's business editor, Simon Jack, described Washington's move as the "financial equivalent of a military attack using money, not missiles."
Related Topics
- Iran Sanctions
- Economic Sanctions
- Middle East