Iran has denounced US plans to announce new sanctions that could put further strain on the Islamic Republic's economy and have an impact on its most important trading partners including China.

Iran’s foreign ministry condemned newly announced US economic and trade sanctions on Thursday, saying they targeted ordinary Iranians and amounted to

US announces toughest sanctions on countries trading with Iran. Iran reconstruction funding in a US-Iran deal by 2026 at 18.5% YES.

Iran warns of a devastating response as the US prepares tougher sanctions, while falling oil flows through Hormuz raise concerns over global energy supplies.

The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key trading partners like China. Oil…