25
Aug
Tehran/Washington (Rajeev Sharma): Iran has warned the United States against escalating its economic campaign, saying it is prepared to respond after the Trump administration announced a fresh round of sanctions targeting Tehran's financial and energy networks. The latest measures announced by US Treasury Secretary Scott Bessent target 60 individuals, entities and vessels. Washington has also signalled that countries continuing significant trade with Iran could face restrictions affecting their access to the US financial system. Bessent stopped short of immediately imposing the most severe penalties on Iran's major trading partners. He said governments and companies would be given time to comply…
