The U.S. just dropped its harshest sanctions yet on Iran, targeting people, companies, and even ships in a move Treasury Secretary calls an economic D-Day — designed to force Tehran back to the negotiating table by strangling its economy. But Iran’s finance minister is undeterred, revealing a two-year counterplan and warning adversaries to “wait for an attack,” as the rial plummets to record lows. With Iran already threatening military retaliation and oil cuts, tensions are soaring — especially as the U.S. avoids targeting China and Russia to prevent wider conflict. Decades of sanctions haven’t broken Iran, and this latest round may spark more escalation than resolution.
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