Iran pledges response after US sanctions

The United States announced expanded sanctions targeting 60 individuals, entities, and ships, aiming to pressure Iran and isolate its economy. It also warned potential partner countries against engaging with Iran, cautioning that they could face expulsion from the existing dollar-based international financial system. Iran responded by pledging to confront the sanctions, affirming its readiness for military retaliation and threatening to strike vital American interests and energy routes if its infrastructure is threatened. The report also mentioned a decline in oil prices despite market concerns over potential disruptions to maritime navigation, as tensions between Iran and the United States remain high following the failure of de-escalation talks.

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