Synopsis Iran warns of devastating retaliation against new United States sanctions. United States Treasury chief Scott Bessent plans the toughest financial penalties ever. These measures aim to collapse the Iranian leadership and its regime. Oil prices steadied amid concerns over Gulf energy exports and shipping. China stated that sanctions and pressure do not help resolve problems. Dubai/Washington: Iran said on Friday that its response to any new U.S. threats would be “devastating” after Washington pledged to impose the toughest financial ?penalties in history with the aim of toppling the Iranian leadership. U.S. ?Treasury chief Scott Bessent said he would give…
News Timeline:
Track the development of this news story across the Internet.