Monday, 24 August 2026 · World
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EUROS The World Financial Report
Nº 44 Monday, 24 August 2026 · World Edition
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Iran vows to retaliate against countries that cooperate with fresh US sanctions

Economics | The Guardian · 3h ago · 🇺🇸 United States
Iran vows to retaliate against countries that cooperate with fresh US sanctions

Test of US rhetoric will rest on whether nations such as India, China and Russia view economic threats as credible Tehran has vowed to retaliate against any country that cooperates with the US attempt to impose fresh sanctions against Iran in what the Treasury secretary, Scott Bessent, has billed as “the single greatest financial offensive ever marshalled against an adversary”. In advance of the US announcement, the United Arab Emirates, Iran’s single biggest trading partner in the Middle East, announced it was ending all trade with Iran, a move Tehran believes was coordinated between Washingt

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