Iranian FM says US 'economic warfare' against Tehran doomed to fail - news.cgtn.com

On 22 August 2026, Iran's foreign minister said the US 'economic warfare' against Tehran is doomed to fail. Iran condemned US plans to announce new sanctions, and its spokesman Baghaei said the sanctions have 'no foundation' in global law. Iran said the sanctions violate the sovereignty of other states and warned that any country joining them would be considered an 'enemy'.

Iranian President Pezeshkian said it is time to end the war with the US from a 'position of strength' and claimed victory. Iran's security chief threatened 'earthquake-like' retaliation against Trump. Iran also claimed that neighboring states seek a new security order after the US, in Iran's words, risked its allies 'for the sake of Israel'. US media reported that the US is preparing its toughest sanctions yet.