U.S. campaign to throttle Iran’s economy<\/a> by blockading its oil exports and stopping sanctions evasion is growing increasingly difficult to withstand, three senior Iranian sources have said.<\/p>\nIn his speech on Sunday, Qalibaf added that alongside the military front, Iran’s main battle was now over production and people’s livelihoods.<\/p>\n
He cited sharp currency fluctuations, inflation, unemployment and market management as major challenges, adding Iranians could tolerate hardship but not mismanagement or inaction and expected the government to act quickly.<\/p>\n
Iran’s Economy Minister Ali Madanizadeh said that Tehran \u200cplanned to respond to U.S. economic pressure with reforms and rejected the notion that sanctions would cause it to change course, according \u200bto state media on Sunday.<\/p>\n
“They speak of economic pressure and isolation, of breaking off financial ties, and they think that by pressuring the economy of a country they can change the decisions of its people,” Madanizadeh said.<\/p>\n
“I have to clarify one point: The responsibility of reforming Iran’s economy is with its government and people, not with the U.S. Treasury.”<\/p>\n
Separately, Economy Ministry Deputy Morteza Zamanian said on Sunday that the ministry’s “Economic War Headquarters” was doubling down on its work to resolve problems caused by the war, according to the semi-official Tasnim news agency.<\/p>\n
Kharg Island hit 550 times in prior months, Iran says<\/p>\n
Iran is the third-largest producer in the Organization of the Petroleum Exporting Countries and exported 90% of its crude via its Kharg Island export hub before the war. Flows have been disrupted since a U.S. blockade of Iranian oil exports began in mid-April.<\/p>\n
![\"Fire]()
Fire and smoke rise during what U.S. Central Command says are strikes on Iranian oil carriers, at an unknown location in this screengrab taken from a handout video released on Saturday. (Photo: U.S. Central Command via Reuters)<\/p>\n
U.S. Central Command said on X \u200bthat as of Sunday it had redirected 92 commercial vessels, disabled three and boarded two to ensure strict compliance with its blockade.<\/p>\n
On Aug. 31, President Donald Trump issued a one-line social media post accompanied by an AI-generated video \u200cdepicting Kharg Island \u200cbeing “blown to smithereens.” Iranian authorities have vowed \u2060a strong response if Kharg is attacked.<\/p>\n
In an interview aired on state TV on Sunday, Iran’s Oil Minister Mohsen Paknejad said the island had been hit around 550 times in previous months but continued to operate.<\/p>\n
Iran has also imposed a blockade on the Strait of Hormuz, creating an issue for Trump by pushing up fuel prices globally as his Republican Party heads into elections in November when control of Congress is at stake.<\/p>\n
However, U.S. Energy Secretary Chris Wright said oil was getting through the waterway.<\/p>\n
“Our transits through the Strait are averaging over 9 million barrels a day now, and \u200cwith the access pipelines that go around the strait, \u200bwe’re probably two-thirds or more of pre-conflict flows. So Iranians are still causing trouble, but the United States \u200cNavy is winning that battle,” he told CNN.<\/p>\n
On \u2060Saturday, U.S. Central Command said it struck \u200bthree Iranian vessels<\/a>, including one off the coast of Kharg Island, after Iran’s Islamic Revolutionary Guard Corps launched ballistic missiles at two U.S. Navy ships.<\/p>\n\n The Key Takeaways for this article were generated with the assistance of large language models and reviewed by our editorial team. The article, itself, is solely human-written.\n <\/p>\n","protected":false},"excerpt":{"rendered":"DUBAI, United Arab Emirates \u2014 Iran said it will step up efforts to tackle problems created by U.S.…\n","protected":false},"author":2,"featured_media":281336,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[551,550,3528,553,559,34,552,558,179,42,81,555,556,549,554,547,557,548],"class_list":["post-281335","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-cars","tag-classifieds","tag-finance","tag-homes","tag-international","tag-iran","tag-jobs","tag-local","tag-military","tag-news","tag-politics","tag-radio","tag-salt-lake","tag-sports","tag-television","tag-traffic","tag-utah","tag-weather"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@iran\/117228247637470005","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/281335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=281335"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/281335\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/281336"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=281335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=281335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=281335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}