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Iran war latest: Tehran ‘fully prepared’ for sanctions as US threatens to ‘tighten the noose’

1 week ago 4

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Iran has claimed to be “fully prepared” for US sanctions after Scott Bessent threatened to “tighten the noose”.

Tehran’s economy minister Ali Madanizadeh. told state TV: “We are fully prepared for the US sanctions; they cannot cut off our financial arteries.”

The treasury secretary has announced a series of sanctions for Tehran, declaring that “no nation should expect to enjoy the rewards of our system while working with a regime that seeks to destroy it.”

“It is now a time for world leaders to make a decision between prosperity and isolation, peace and terror, America and Iran. The campaign we begin today will gather force with every day that follows, and it will not end until this regime stands alone.”

He said that an unnamed financial institution could expect to be sanctioned by the end of this week.

Israel's Netanyahu says Iran tried to kill one of his sons

Israeli prime minister Benjamin Netanyahu said on Monday ​that Iran had tried to kill one of his sons, but gave no details about when the alleged plot took place, which son was targeted or how close it came to ⁠being carried out.

Netanyahu's allegation underscores the heightened tensions since the US-Israeli war on Iran began in February, during which supreme leader Ayatollah Ali Khamenei and other senior Iranian leaders were killed.

Netanyahu, whose coalition is trailing in opinion polls two months before ⁠an 27 October general election, made ​the ⁠claim in a telephone interview with Israel's Channel 14. He was responding to reports that one of Israel's security agencies had refused ⁠to provide protection for a political rival ahead of the nationwide vote.

"As ​for ⁠my sons. Here, I think ‌there is something quite unbelievable, yes. Iran targeted one of my sons. Iran tried to kill, to murder one of my sons," Netanyahu ‌told the conservative channel known for its favourable ‌coverage of the government.

"Iran tried to murder one of my sons, and therefore this security protection is not a luxury," he said, without providing any further details about the ⁠alleged plot or how close it came to being carried out.

It was not immediately clear which of his sons he was referring to. Netanyahu's elder son, Yair, lives in Miami.

Iran's mission at the United Nations in New York did not immediately respond to a request for comment on the accusation.

(Reuters)

Bryony Gooch24 August 2026 21:00

Hegseth: The US is not rulling out military force in Hormuz or elsewhere

Pete Hegseth has said the US is not ruling out use of military force in the Strait of Hormuz or anywhere else.

The Pentagon chief spoke after US treasury secretary Scott Bessent announced fresh sanctions against Iran.

Bryony Gooch24 August 2026 20:49

Iran 'fully prepared' for US sanctions

Iran’s economy minister has told state TV that the country is “fully prepared” for US sanctions.

“We are fully prepared for the US sanctions; they cannot cut off our financial arteries,” said Ali Madanizadeh.

Bryony Gooch24 August 2026 20:12

US sanctions to increase psychological pressure on Iranian people, state official says

An Iranian state official has reportedly said the US economic sanctions plan is a campaign to increase psychological pressure on the Iranian people, according to state media.

Scott Bessent announced plans on Monday to sanction Iran and isolate the nation further from the global economy.

Bryony Gooch24 August 2026 19:59

Watch: Bessent warns countries with economic ties to 'murderous' Iran regime will feel 'full reach of US power' | IN FULL

Bessent warns countries with economic ties to 'murderous' Iran regime will feel 'full reach of US power' | IN FULL

Bryony Gooch24 August 2026 18:50

World leaders must choose between the US and Iran, says Bessent

Scott Bessent has declared “no nation should expect to enjoy the rewards of our system while working with a regime that seeks to destroy it” as he called on world leaders to make a decision between the US and Iran.

“It is now a time for world leaders to make a decision between prosperity and isolation, peace and terror, America and Iran. The campaign we begin today will gather force with every day that follows, and it will not end until this regime stands alone.”

Bryony Gooch24 August 2026 18:12

Trump calling world leaders to cut ties with Iran

Donald Trump is calling world leaders to cut economic ties with Iran, US treasury’s Scott Bessent has said.

He said that Trump would make specific requests to cease interactions with Iran.

Bryony Gooch24 August 2026 18:09

Operation Economic Outcast launched

Scott Bessent has launched Operation Economic Outcast to foreclose options available to the Iranian regime to rejoin the global economy.

“Treasury has mapped every node, every facilitator, and every network that Iran has used to smuggle oil and evade sanctions.

“Beginning today, the actions of Treasury and other agencies will tighten the noose and block every potential source of revenue that funds the IRGC and the evil Iranian regime.

“We are enforcing a zero leakage approach, there will be no minimal breathing space for the regime to rebuild its capacity to inflict terror against America and the world. “

Bryony Gooch24 August 2026 18:08

Bessent announces sanctions on nearly 60 Iran-linked entities

Scott Bessent is speaking now to unleash sanctions on nearly 60 Iran-linked entities, people and vessels across nuclear, missile, cyber and oil networks.

The US treasury secretary has suspended general licenses that allow remittence payments to Iran.

Bryony Gooch24 August 2026 18:06

Trump’s ‘Economic D-Day’ for Iran arrives in bid to break deadlock

Bryony Gooch24 August 2026 17:23

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