Iran Says It Is Fully Prepared for New U.S. Economic Sanctions

By Aurax Radio | August 25, 2026 | 2 min read

Iran says it is fully prepared to withstand a new round of U.S. economic sanctions as Washington moves to intensify pressure on Tehran. Iranian officials say the government has developed a two-year economic plan to counter the measures and maintain trade and financial activity despite increased restrictions.

Shoppers and merchants in a busy Tehran market amid economic pressure in Iran.

A market in Tehran as Iran prepares for increased U.S. economic sanctions and renewed financial pressure.

Iranian Economy Minister Ali Madanizadeh said Monday that Tehran had anticipated the latest U.S. measures and was prepared to respond. He said the government had developed a two-year plan covering its response to sanctions and was working to protect the country's financial system and economy. His comments came after U.S. Treasury Secretary Scott Bessent announced new sanctions targeting 60 Iranian individuals, companies and vessels connected to the country's oil trade and other economic networks.

The latest U.S. measures are part of a broader campaign to restrict Iran's access to international markets and reduce revenue available to its government. Washington has warned that countries and financial institutions continuing certain economic dealings with Iran could face restrictions on access to the U.S. financial system. Tehran has maintained that it has experience operating under sanctions and can use alternative trading and financial arrangements to limit their impact, while Iranian officials have also warned of retaliation if the country's infrastructure or economic interests are targeted.

The renewed economic confrontation comes after years of U.S. sanctions that have constrained Iran's oil exports, banking sector and access to foreign currency. Iran's economy has also been weakened by the ongoing conflict and damage to parts of its industrial infrastructure, including steel and petrochemical facilities. Madanizadeh said the government was working to restart damaged facilities and support reconstruction while managing inflation and other economic pressures. The effectiveness of Tehran's plan will depend in part on whether major trading partners continue doing business with Iran despite the increased risk of U.S. penalties.

Sources: Reuters, BBC, CNN, NDTV, Koha and other original reporting providers.

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