Iran vows 'devastating' response to US economic threats
Iran has threatened a 'devastating' response to new US economic sanctions aimed at toppling its leadership. The US Treasury plans to impose severe financial penalties, impacting global oil markets and regional stability.
Why it matters
Escalating economic warfare between the US and Iran threatens to disrupt global energy supplies and increase the risk of military confrontation in the Middle East.
Iran has said that its response to any new US threats would be "devastating" after Washington pledged to impose the toughest financial penalties in history with the aim of toppling the Iranian leadership.
US Treasury chief Scott Bessent said he would give details on Monday of the planned sanctions, which follow a warning from President Donald Trump of economic consequences against any country that provided "any type of lifeline to Iran".
The chief of staff of Iran's Armed Forces, Major General Ali Abdollahi, said the Islamic Republic's reaction would be broad and decisive.
"With preparedness across land, sea, air, air defence and cyberspace, Iran's armed forces will respond to the enemy's new threats with crushing, punishing and devastating responses," Mr Abdollahi was quoted as saying by Iranian media.
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