Despite warning of an ‘economic D-Day’, experts tell Maira Butt that Washington stepped back from the toughest measures over fears it would harm the global economy

DUBAI: Iran’s foreign minister dismissed the threat of new US sanctions as a sign of desperation on Sunday and said the expected new measures would fail to defeat Tehran. US…

Economy already under enormous pressure from international restrictions, while infrastructure bombed repeatedly

The Trump administration increased its efforts to strangle Iran financially, but the rollout of the new campaign left some economists wishing for more.