US Treasury Secretary Scott Bessent - the official who has recently launched the so-called operation economic outcast against Iran - began his career as a speculative financial trader by nearly bringing Italy to its knees.

The US has designated a Palestinian refugee living in Germany a terrorist and imposed sanctions on him over his human rights activism for Palestinian prisoners, according to a report.

Mohsen Paknejad stated that the process of selling and delivering crude oil has persisted despite recent US-led blockades.

The latest US sanctions on Iran repackage the failed “maximum pressure” campaign, despite four decades of Iranian adaptation, Washington’s irreparable credibility deficit, and mounting costs to American consumers and global stability, all of which demonstrate that sanctions have failed to achieve their objectives and are unlikely ever to do so.

Iranian Foreign Minister Abbas Araghchi has rejected threats of new US sanctions against Tehran, describing them as part of Washington’s repeated and unsuccessful attempts to pressure Iran.

China has rejected Washington’s campaign to economically isolate Iran, saying sanctions and pressure will not resolve the crisis in West Asia

Iran’s Parliament Speaker Mohammad Baqer Qalibaf says Washington’s increased pressure would not force Tehran to accept demands beyond the Islamabad Memorandum of Understanding (MoU).