TEHRAN, 29 August. - (ANA) - Iran’s Foreign Ministry on Friday condemned a new round of U.S. economic measures against the country, calling them “economic terrorism” and saying Tehran would use all available means to counter them.

 

The ministry said the sanctions violated international law and called on other countries to refrain from implementing them.

 

Earlier this week, U.S. Treasury Secretary Scott Bessent vowed to fully sever Iran from the global economy and threatened countries that continue to do business with Iran with secondary sanctions.   

 

However, Iranian President Masoud Pezeshkian said Friday that neither Tehran nor Washington can achieve all of its demands and that negotiations are needed to bring stability and calm, state television reported.

 

Pezeshkian said Iran would remain committed to the Islamabad memorandum if the United States upheld its own commitments under the agreement, adding that negotiations could then continue toward a broader resolution.

 

He also criticized hard-liners inside Iran who oppose an agreement, favor continuing the war and argue that sanctions have had little effect on the country.- (ANA) -

 

AB/ANA/29 August 2026 - - -