Iran Slams US Over ‘Extraterritorial Sovereignty’ Ahead of New Sanctions

Iran pushed back sharply Saturday against Washington’s plan to impose fresh sanctions, with a Foreign Ministry spokesman calling the move an assertion of authority over every independent United Nations member state rather than just economic pressure on Iran.

US Officials Signal Tough Economic Measures

Treasury Secretary Scott Bessent said the Trump administration’s strategy to weaken Iran’s economy could reduce the need for further military action, describing the plan as the most coordinated economic isolation effort in history. Full details are expected at a press conference on Monday, with Bessent indicating allies will be asked to choose sides. Vice President JD Vance called economic pressure the most effective tool available, noting that Iran appears to be feeling more strain than the US in recent weeks.

Tensions Persist Despite Pause in Strikes

While direct military attacks have paused recently, shipping through the Strait of Hormuz remains far below pre-war levels, with negotiations to restore normal traffic stalled. Oil prices ended the week more than 5% higher following Bessent’s comments, with Brent crude settling near $94.39 per barrel.

Analysts Question Sanctions’ Impact

Iran is already among the most heavily sanctioned nations globally, raising doubts about whether additional measures will meaningfully alter its behavior, especially with support from partners like China and Russia.