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Iran Condemns U.S. Sanctions as ‘Economic Terrorism’ · GNN Daily Breaking News

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  Speaker 1: Iran has sharply condemned the latest round of U.S. economic sanctions,
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  Speaker 1: accusing Washington of waging economic terrorism as the country struggles
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  Speaker 1: with mounting hardship at home. The sanctions, part of the
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  Speaker 1: Trump administration's maximum pressure campaign, target Iran's oil exports, banking networks,
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  Speaker 1: and shipping routes, lifelines that have already been severely restricted
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  Speaker 1: during the ongoing war. Officials in Tehran argue that the
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  Speaker 1: measures are designed to cripple the nation's economy and force
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  Speaker 1: political concessions. In a televised statement, Deputy Foreign Minister Kazem
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  Speaker 1: Garibabadi declared that the sanctions amount to crimes against humanity,
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  Speaker 1: warning that they will deepen suffering for ordinary Iranians. He
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  Speaker 1: accused the U.S. of admitting defeat by turning to financial warfare, saying,
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  Speaker 1: If America had truly won militarily, it would not need
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  Speaker 1: the largest financial invasion in history. The economic toll is stark.
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  Speaker 1: The Iranian real has plunged to record lows, inflation has soared,
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  Speaker 1: and shortages of food, medicine, and fuel are spreading across
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  Speaker 1: the country. Factories have closed, unemployment is rising, and families
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  Speaker 1: are struggling to afford basic necessities. Human rights groups warn
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  Speaker 1: that sanctions disproportionately affect civilians, exacerbating poverty and limiting access
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  Speaker 1: to health care. Washington defends the measures as necessary to
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  Speaker 1: pressure Iran into compliance with international demands on its nuclear
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  Speaker 1: program and regional activities. Treasury officials argue that sanctions are
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  Speaker 1: aimed at the regime, not the people, and insist that
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  Speaker 1: humanitarian exemptions remain in place. Critics, however, say those exemptions
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  Speaker 1: are ineffective as financial restrictions make it nearly impossible for
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  Speaker 1: aid organizations to operate. Iran's leadership has vowed to resist.
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  Speaker 1: Officials say they will expand trade with non-Western partners, strengthen
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  Speaker 1: domestic industries, and explore alternative financial channels to bypass restrictions.
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  Speaker 1: At the same time, they have threatened retaliation, including potential
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  Speaker 1: disruption of shipping in the Strait of Hormuz, a critical
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  Speaker 1: artery for global energy supplies. International reaction remains divided. Some
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  Speaker 1: allies back Washington's stance, citing concerns about Iran's nuclear ambitions. Others,
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  Speaker 1: particularly in Europe, warn that sweeping sanctions risk destabilizing global
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  Speaker 1: energy markets and deepening hardship for civilians. China, a major
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  Speaker 1: buyer of Iranian oil, has rejected U.S. pressure and signaled
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  Speaker 1: it will continue to protect its interests. For global markets,
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  Speaker 1: the stakes are high. Oil prices could surge if Iranian
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  Speaker 1: exports are further curtailed, while disruptions in shipping lanes would
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  Speaker 1: reverberate across international trade. Businesses with ties to Iran face
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  Speaker 1: heightened risk as secondary sanctions threaten penalties for companies that
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  Speaker 1: continue dealings with Tehran. The confrontation underscores the fragile balance
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  Speaker 1: between economic pressure and geopolitical stability. Whether Iran's vow to
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  Speaker 1: resist sanctions translates into retaliation remains uncertain, but the toll
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  Speaker 1: on its people is already undeniable.