Iran condemns U.S. sanctions and announces two-year economic mitigation plan

Iranian Minister of Economic Affairs and Finance Ali Madanizadeh condemned the newly announced U.S. sanctions campaign as an economic terrorist attack and stated that Tehran had anticipated the measures and established a two-year economic plan to manage the impact.

Why this matters. Tehran intends to redirect currency reserves and trade settlement channels through non-Western mechanisms to cushion domestic market disruptions following the expanded secondary sanctions.