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Iran calls US economic pressure campaign 'economic terrorism'

Daily life continues as tensions between Iran and the United States persist in the Iranian capital Tehran, on August 24, 2026. (AA Photo)
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Daily life continues as tensions between Iran and the United States persist in the Iranian capital Tehran, on August 24, 2026. (AA Photo)
August 28, 2026 04:26 PM GMT+03:00

Iran on Friday said the U.S. “Operation Economic Outcast” campaign against Tehran violates international law, describing the latest sanctions drive as “economic terrorism.”

In a statement, the Iranian Foreign Ministry accused Washington of using the U.S. dollar as a tool to pressure other countries into aligning with its policies toward Tehran.

It said such actions violate national sovereignty and international law.

The ministry described the operation as “U.S. state terrorism against Iran and the world.”

It said Operation Economic Outcast reflected an intention to inflict suffering on the Iranian people and deprive them of fundamental human rights.

The ministry described the campaign as an “international crime” and a “crime against humanity.”

U.S. Treasury Secretary Scott Bessent calls on reporters after announcing a new set of sanctions against Iran, describing them as "an economic D-Day", in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. (AFP Photo)
U.S. Treasury Secretary Scott Bessent calls on reporters after announcing a new set of sanctions against Iran, describing them as "an economic D-Day", in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. (AFP Photo)

Tehran says sanctions violate UN Charter

The Iranian Foreign Ministry said U.S. economic sanctions against Iran, regardless of how they are designated, violate the U.N. Charter, international humanitarian law and human rights.

It argued that countries should refrain from implementing them.

Tehran also said participation in unilateral U.S. sanctions amounted to complicity in imposing Washington’s will on independent states and disrupting their legitimate economic and trade relations.

The ministry vowed to use “all capacities” to defend Iran against what it called the U.S.-Israeli “military-economic offensive and hybrid war.”

US targets Iran's economic lifelines

The United States launched Operation Economic Outcast on Monday, targeting what Washington described as Iran’s key economic lifelines.

The targeted sectors include oil, shipping, aviation, gold, technology and digital assets.

U.S. Treasury Secretary Scott Bessent said the campaign was aimed at isolating Iran from the global financial system.

Washington also blacklisted more than 60 entities, individuals and vessels worldwide as part of the operation.

August 28, 2026 04:26 PM GMT+03:00
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