Iran has strongly criticised the United States’ planned new sanctions, saying they undermine the sovereignty of other countries and threaten the international system.
Iranian Foreign Ministry spokesman Esmaeil Baghaei said on Saturday that Washington’s attempt to punish countries and businesses that continue trading with Tehran amounted to an assertion of US “extraterritorial sovereignty.”
Baghaei said no country should have the power to force foreign banks, companies or airports to stop doing business with another nation.
He warned that the US policy could lead to what he described as a return to “full-scale classic colonialism.”
US President Donald Trump announced earlier this week that Washington would launch what he called its most severe economic campaign yet against Iran. He warned that countries whose institutions continue to deal with Tehran would face serious economic consequences.
US Treasury Secretary Scott Bessent also defended the measures, saying the sanctions were intended to bring Iran’s economy to the point of collapse. He warned other countries that they would have to choose between cooperating with the US or opposing it.
Iranian Foreign Minister Abbas Araghchi rejected the threat, saying previous US sanctions had failed to achieve their objectives.
The latest dispute comes as diplomatic efforts to end the conflict between Washington and Tehran have stalled. The US Navy continues to blockade Iranian ports, while commercial shipping through the Strait of Hormuz has almost completely stopped.
Only four commodity ships reportedly passed through the strategic waterway on Thursday, with no large crude oil tankers or liquefied natural gas carriers among them.
However, Iran has reportedly allowed several Iraqi oil tankers to cross the Strait of Hormuz following requests from Baghdad. Iran’s state news agency IRNA said securing permission for the Iraqi tankers was among Baghdad’s main requests during a recent visit by Iranian Parliament Speaker Mohammad Bagher Ghalibaf.
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