“D-Day marked a historic campaign with our allies,” Bessent said Monday. “Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections around the globe.”
After the measures were announced, Tehran’s Economy Minister Seyed Ali Madanizadeh said the government was prepared to counter the newly-unveiled U.S. sanctions.
“They want to launch an economic terrorist attack against us. We also have our own tools, and we know the rules of this game,” he said in response to Bessent’s announcement during a televised interview with Iranian state media Monday.
“This time, they shouldn’t think that our approach is purely defensive; they should also expect an attack from us.”
Although the Iranian minister did not elaborate on what such an attack would entail, he said the country had developed plans in preparation for the economic threats.
“Plans have been developed for various scenarios, including what actions should be taken if they attempt to cause damage in the financial sector or in the country’s financial relations,” he said, adding that “the global financial system is not structured in a way that allows anyone to claim they can cut off” Iran’s economy.
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