US Slams 'Economic Lifelines' Supporting Iranian Regime

US Treasury Secretary Scott Bessent is set to announce fresh economic measures against Iran as Washington shifts its strategy from threats of military strikes to stricter sanctions. The move aims to pressure Tehran into accepting a ceasefire on US terms, following the failure of an extensive military campaign.

The sanctions are expected to target some of Iran's largest trading partners, including China, Turkey, and India. This comes after the United Arab Emirates severed all economic ties with Tehran last week, supporting Washington's strategy.

Iran's currency has hit a record low against the dollar, weakening by 4.5% since US President Donald Trump announced plans to escalate pressure on Iran. The country's economy is already under immense strain, with annual inflation exceeding 80% and oil exports severely curtailed due to a US naval blockade.

Iran has vowed to retaliate against any country supporting Washington's economic war against its people, warning that 'not a single drop of oil will be exported' if sanctions are imposed. Diplomatic efforts continue, with Pakistan's army chief visiting Tehran for talks on Monday and Oman's foreign minister set to follow.