Iran has pledged retaliation after the United States unveiled a comprehensive set of sanctions, part of an initiative dubbed ‘Economic D-Day,’ aimed at isolating Tehran and restricting its access to the global financial system. The Iranian government stated it is prepared to counter the newly announced measures.
Speaking on Monday, a U.S. official described the campaign as a "historic" effort with allies, stating, "Today, in that same spirit, we are launching an economic onslaught against Iran's financial connections around the globe." This action is intended to curb Iran's financial activities worldwide.
In response to the U.S. announcement, Iran's Economy Minister Seyed Ali Madanizadeh asserted that the government was ready to confront the sanctions. During a televised interview with Iranian state media, Madanizadeh stated, "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 added that Iran's approach would not be purely defensive, warning, "they should also expect an attack from us."
While the minister did not provide specific details about the nature of Iran's retaliatory actions, he indicated that the country had prepared plans for various scenarios. "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. Madanizadeh also expressed confidence in Iran's economic resilience, noting that "the global financial system is not structured in a way that allows anyone to claim they can cut off” Iran’s economy.