‘Earthquake-like manner’: How Iran vows to counter US economic warfare? Plan may include nuclear weapon, oil crackdown
The US announced 'Operation Economic Outcast' sanctions targeting nearly 60 Iran-linked individuals, entities, and vessels, aiming to sever Iran's economic lifelines. Iran's Supreme National Security Council secretary Mohsen Rezaei warned of retaliation against US economic interests if the maritime blockade continues, including targeting regional oil exports and possibly developing nuclear weapons. Iran's Foreign Ministry also threatened to target European countries, such as Bulgaria, that support US actions.
Why it matters: This escalation reflects the theme of economic statecraft, as the US uses sanctions and the threat of isolation to pressure Iran, while Iran responds with counter-threats involving oil and nuclear capabilities.