Friday, August 28, 2026

Iran claims US is unleashing 'economic terrorism' with new sanctions, urges countries to not comply


Iran claims US is unleashing 'economic terrorism' with new sanctions, urges countries to not comply


Iran’s Foreign Ministry released a statement claiming the Trump administration is launching “a new wave of economic terrorism” against Iran under Operation Economic Outcast. 

“Economic sanctions by the United States against Iran, regardless of their name or title, are completely illegal and illegitimate actions that violate the United Nations Charter, international humanitarian law, and human rights,” the statement read. “On this basis, all countries are obligated to refrain from implementing such sanctions.” 

“In continuation of its hostile and illegal policies against Iran, the U.S. government unveiled a new wave of economic terrorism under the title ‘Operation Economic Outcast’ against Iran on Monday... which amounts to U.S. state terrorism against Iran and the world,” the statement added. 

“While condemning U.S. economic terrorism, the Ministry of Foreign Affairs emphasizes the determination of the Iranian nation to utilize all capacities to defend the homeland against military, economic, and hybrid aggression,” it also said. 

Treasury Secretary Scott Bessent said Monday that under President Donald Trump’s direction, “the United States Treasury has begun Operation Economic Outcast – an unprecedented campaign against the Islamic Republic of Iran and its enablers.” 

“Beginning today, the actions of Treasury and other agencies will tighten the noose and block every potential source of revenue that funds the Islamic Revolutionary Guard Corps and the Iranian regime. We are enforcing a zero-leakage approach,” Bessent added. “There will be no minimal breathing space for the regime to rebuild its capacity to inflict terror against America and the world.” 


Nearly 2 dozen ships in Strait of Hormuz were hit with projectiles since early July, report says

The United Kingdom Maritime Trade Operations Centre (UKMTO) said in a report released Friday that 23 projectile strike incidents have been documented in the Strait of Hormuz since early July, “resulting in bridge, engine-room, and structural damage across vessels operating in and around” the key waterway. 

The report said “traffic remains well below normal levels” in the Strait of Hormuz and the “Southern Omani route remains the highest-risk corridor, accounting for 16 of 18 projectile strike incidents reported by UKMTO” since July 16. 

“Engine rooms were the primary damage location (14 incidents), highlighting the potential for attacks to directly impact vessel mobility and operational continuity,” it also said. “U.S. enforcement actions against Iranian-linked shipping continue in the Gulf of Oman and Arabian Gulf, adding a further layer of operational uncertainty.” 

Trump shares image declaring Strait of Hormuz among US territories

President Donald Trump shared an image overnight on Truth Social that labeled the Strait of Hormuz as being among U.S. territories. 

Iranian Deputy Foreign Minister Kazem Gharibabadi said on X, in response to the post, that "Schizophrenia is a complex and acute psychotic disorder that manifests with disturbances in thinking and a distorted perception of reality." 

"Its most common symptom is also hallucinations and delusions. Psychologists recommend that such patients should be under 24-hour supervision and receive treatment," Gharibabadi added. 

The president said last week that he views the "Strait of Hormuz as an American territory right now." 






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