What to expect as Iran braces for new US economic measures amid war
Tehran, Iran – Iranians are preparing for further economic pain as the United States gets ready to announce a new round of punishing sanctions on Iran. US Treasury Secretary Scott Bessent is expected to announce new economic measures against the country on Monday, designed to “squash” the Iranian economy and “collapse” the government.
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Key Facts
- Fact 1: The country has been subject to a “maximum pressure” campaign by the US since Trump’s first term in office in 2018.
- Fact 2: The US Central Command said on Sunday that its forces have redirected 70 commercial vessels, disabled three, and boarded two as part of the blockade, which it says could last indefinitely.
- Fact 3: The Iranian rial continued to fall to a new all-time low on Monday, hitting a rate of 2.03 million rials against the US dollar in Tehran’s open market, as Iranians’ purchasing power weakens.
- Fact 4: Army chief Amir Hatami told a group of commanders during a speech on Monday that forces are prepared to “fight for 10-20 generations” if necessary.
Tehran, Iran – Iranians are preparing for further economic pain as the United States gets ready to announce a new round of punishing sanctions on Iran. US Treasury Secretary Scott Bessent is expected to announce new economic measures against the country on Monday, designed to “squash” the Iranian economy and “collapse” the government.
US President Donald Trump has also warned of an “economic D-Day”, with the US preparing the most potent financial measures against any country, aimed at Iran. But analysts say the penalties are unlikely to change the behaviour of Iran, already one of the most sanctioned countries in the world. Banks, oil buyers and refiners, shipping companies, registries, ports, airports, exchange houses, front companies and potentially governments facilitating Iranian trade could be exposed to secondary sanctions by Washington.
(Original synthesis pending human/AI review — generated by the stub provider by selecting real sentences from the source material, not by writing new analysis or commentary.)
Original source: Al Jazeera
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