The United States has described its latest round of sanctions on Iran as an 'economic D-Day', but Tehran says it is prepared and has a plan to counter the measures, according to the BBC.
Key facts
- The US has imposed new sanctions on Iran, according to the BBC.
- Washington has described the measures as an 'economic D-Day' and its 'greatest financial offensive ever'.
- Iran says it is ready for the measures and has a plan to counter them.
- The specific scope, targets and timing of the sanctions were not detailed in the available reporting.
The United States and Iran are again at odds over economic pressure, with Washington describing its latest sanctions on Tehran in stark terms and Iran signalling that it is prepared to respond, according to the BBC.
US officials have characterised the new measures as an ‘economic D-Day’ and as Washington’s ‘greatest financial offensive ever’, the BBC reported.
In response, Tehran has said it is ready for the measures and that it has a plan to counter them, according to the BBC.
The specific scope and targets of the latest measures, and the details of Iran’s stated countermeasures, were not set out in the available reporting.
How effective the sanctions prove to be, and what form Iran’s response takes, remains to be seen.
Why it matters
Sanctions between the United States and Iran are closely watched given the two governments' history of economic confrontation, though the concrete impact of the latest measures is not yet clear from the available reporting.
Frequently asked questions
What has the US called its latest sanctions on Iran?
According to the BBC, US officials have described the measures as an 'economic D-Day' and the greatest financial offensive ever.
How has Iran responded?
Tehran says it is ready for the measures and has a plan to counter them, according to the BBC.