Iran says Tehran must overcome 'unjust sanctions' as US ramps up economic pressure
- Posted on August 21, 2026
- By Business News Today
- 1 Views
- 1 min read
In brief
Iran's parliamentary leadership has called for strategic economic restructuring in response to escalating US sanctions. Treasury Secretary Scott Bessent announced historically severe trade restrictions targeting Iran's financial system. Parliament Speaker Mohammad Qalibaf emphasized the need for strengthened regional economic cooperation and reduced currency dependence on foreign markets. Iran frames these measures as economic warfare, urging Muslim nations to diversify trade partnerships and bolster domestic resilience against external economic pressures.
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Iran says Tehran must overcome 'unjust sanctions' as US ramps up economic pressure
US Iran war news: Iran's parliament speaker urged planning to overcome "unjust sanctions" after new US measures. Scott Bessent announced the toughest sanctions ever imposed on Iran. Qalibaf linked economic development and security, accusing enemies of economic warfare. He stated that Muslim countries' resources are targeted by enemies. Stronger economic ties and national currency trade were also called for.
