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Iran's Araghchi Says New US Sanctions Threat 'Desperate' and Will Fail

Iranian Foreign Minister Abbas Araghchi on Sunday delivered a tough response to the threat of a new round of US economic sanctions, dismissing them as a "desperate" ploy…

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Iranian Foreign Minister Abbas Araghchi on Sunday delivered a tough response to the threat of a new round of US economic sanctions, dismissing them as a "desperate" ploy and asserting that the upcoming measures cannot break Iran. The remarks highlight that US-Iran relations remain highly tense following recent military clashes and diplomatic setbacks.

**Sanctions Threat and Diplomatic Maneuvering**

Araghchi's comments were a direct counter to recent US moves. According to reports, the US's continued violation of the ceasefire agreement has become a major obstacle to the diplomatic process. Earlier, the two sides had signed a memorandum of understanding in June 2026, but US President Trump subsequently publicly stated that the memorandum was only a "test" and now holds "little significance," prompting Iran to suspend its commitments under it in July. Against this backdrop, Araghchi traveled to Russia to seek support, signaling that Iran is attempting to offset US economic pressure by strengthening coordination with other major powers.

**Complex Interplay of Regional Situation**

The sanctions standoff unfolds against a broader regional security crisis. Since the outbreak of conflict in early 2026, safe passage through the Strait of Hormuz has become a global focus. Iran's Supreme Leader Mojtaba has reiterated that the management of the strait will be pushed into a "new phase." Although the Iranian foreign minister stated that talks in Oman focused on ensuring safe passage through the strait to "benefit all neighbors," Iranian parliamentary officials simultaneously took a hard line, declaring that ships linked to Israel would not be allowed to pass "under any circumstances," and that transit fees must be settled in Iran's national currency. This dual posture of seeking regional stability while maintaining a hardline stance means the effectiveness of any single economic sanction faces complex challenges.

**Effectiveness of Sanctions in Question**

Market analysts point out that Iran's economy has developed a highly resilient "resistance economy" model under years of sanctions, making it difficult for additional economic penalties alone to quickly force Tehran into fundamental changes on the nuclear issue and regional policy. The European Union also believes that lifting sanctions would be premature before seeing fundamental changes from Iran. Therefore, Araghchi's characterization of the new sanctions threat as "desperate" is both a political statement to boost domestic morale and a reflection of some geopolitical observers' assessment: in the absence of a comprehensive diplomatic solution, piecemeal sanctions are unlikely to be the key to breaking the deadlock.

Original: https://www.fxstreet.hk/news/yi-lang-de-a-la-ge-qi-biao-shi-mei-guo-jue-wang-wei-xie-de-xin-zhi-cai-jiang-hui-shi-bai-202608232311

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