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Hormuz Tensions
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Iran security chief Mohsen Rezaei warned that Tehran would possibly halt all oil exports by the Strait of Hormuz if the US monetary battle continues.
Iran has warned it would halt all oil exports by the Strait of Hormuz if the US monetary battle continues. (Image: Reuters)
Iran has warned that it would halt all oil exports by the Strait of Hormuz and elsewhere inside the Persian Gulf if america continues what Tehran calls an “monetary battle” in the direction of the nation.
Iran’s Supreme Nationwide Security Council Secretary Mohsen Rezaei issued the warning as Washington able to announce a up to date spherical of economic sanctions specializing in Iran and its commerce companions.
“If the monetary battle continues, not a single drop of oil will probably be exported, neither by the Strait of Hormuz nor from wherever inside the Persian Gulf,” Rezaei talked about in a publish on X, in keeping with info firm ANI.
Rezaei moreover warned that Iran would take into consideration any nation collaborating in or supporting the US monetary advertising marketing campaign in the direction of Tehran to be committing an “act of battle.”
US Prepares Up to date Monetary Offensive In opposition to Iran
The warning bought right here as america threatened what it described as a critical new financial offensive in the direction of Iran.
Reuters reported that US Treasury Secretary Scott Bessent was scheduled to hold a press conference on Monday amid ensures of extra sturdy monetary measures specializing in Iran’s commerce companions.
In an opinion piece revealed inside the Financial Events on Sunday, Bessent described the upcoming measures as “the one finest financial offensive ever marshalled in the direction of an adversary,” Reuters reported.
With out detailing the exact measures, Bessent signalled that Washington would aim worldwide places persevering with to work together with Iran’s financial system and financial system.
He warned what he known as “fearful nations” practising “appeasement” by sustaining monetary ties with Tehran to consider the implications.
Iran has been preparing for the sanctions announcement and has issued a sequence of strongly worded statements in response.
Tehran Warns Sanctions Supporters Of ‘Act Of Battle’
Rezaei’s warning notably extended previous america to totally different worldwide places that may help or participate in Washington’s monetary advertising marketing campaign.
“Iran will regard any nation’s participation in or help for America’s monetary battle in the direction of the Iranian people as an act of battle,” he talked about.
Reuters reported that Bessent had beforehand urged China to cooperate with america, noting that China receives half of its oil imports from the Gulf space.
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A spokesperson for China’s embassy in Washington responded that “sanctions and stress do not help resolve the difficulty” and known as for diplomacy.
Iranian Leaders Step Up Criticism Of US Pressure
Iranian Parliament Speaker Mohammad Bagher Ghalibaf moreover mocked the latest US sanctions menace in a publish on X, using satire to argue that heavy-handed monetary restrictions would possibly lastly backfire.
Ghalibaf referred to the “Iran boomerang”, accompanying his remarks with a four-panel comic depicting an unlimited boomerang labelled “in all probability probably the most crushing monetary operation ever” being thrown after which returning to strike the one which launched it.
Within the meantime, Islamic Revolutionary Guard Corps spokesperson Sardar Mohebi described Washington’s reliance on monetary stress as a tacit admission of what he known as a “humiliating defeat” on the navy entrance, ANI reported, citing IRIB.
“The US President says that he has ordered monetary warfare and has launched in all probability probably the most excessive monetary battle in the direction of Iran. This generally is a tacit admission of the enemy’s humiliating defeat inside the navy enviornment,” Mohebi talked about.
Iranian Worldwide Ministry spokesperson Esmaeil Baghaei moreover criticised the sanctions menace, saying that battle and sanctions had been “not unfamiliar” to Iran.
In response to ANI, Baghaei well-known that Iran has been beneath sanctions for 20 years.
Oil Exports And Strait Of Hormuz At Centre Of Tensions
Reuters reported that Iran’s financial system was already beneath stress from worldwide sanctions sooner than US and Israeli assaults damaged parts of its infrastructure.
The nation is now moreover dealing with disrupted commerce, misplaced manufacturing, damaged infrastructure and rebuilding costs.
Reuters extra reported that Iran has retained enough missile and drone performance to assault Gulf neighbours and threaten oil tankers inside the Strait of Hormuz, contributing to a near-standstill in transport by the essential factor waterway and inserting stress on world gasoline prices.
The exact state of Iran’s nuclear programme stays unknown, Reuters reported, whereas america and Israel search to eradicate it.
The latest confrontation comes as a result of the US and Iran have not carried out navy strikes in the direction of each other for weeks nevertheless have moreover not held vital talks to complete the six-month-old battle.
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Key Questions Answered
Ask News18Iran has warned it would halt all oil exports by the Strait of Hormuz if america continues its “monetary battle” in the direction of the nation. This menace comes as a result of the US prepares to announce new monetary sanctions specializing in Iran and its commerce companions.
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August 24, 2026, 06:42 IST
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