Mohammed Bagher Qalibaf, the speaker of Iran’s Parliament, stated Friday that Iran must plan to overcome what he termed "unjust" economic sanctions imposed by the Trump administration earlier this week. Speaking to economic representatives in Baghdad, Qalibaf indicated the country would seek to mitigate the impact of the measures. The response followed a Wednesday announcement by President Trump regarding new economic operations against Tehran.
The U.S. measures were introduced amid ongoing negotiations regarding the reopening of the Strait of Hormuz, a primary waterway for global oil trade. President Trump described the policy on Truth Social as an "unprecedented" scale of economic isolation. Treasury Secretary Scott Bessent stated Thursday that the administration is utilizing a "one-two punch" consisting of a naval blockade and rigorous sanctions intended to cause the collapse of the Iranian government.
Iranian officials have condemned the U.S. actions, with the foreign affairs ministry labeling the sanctions "economic terrorism" in a state media statement. The ministry claimed the measures follow recent conflicts involving the U.S. and Israel and stated the sanctions would not alter Iran's national sovereignty. Additionally, Major General Ali Abdollahi, chief of staff of the Iranian Armed Forces, warned Friday of a "devastating" response to threats across land, sea, air, and cyberspace.
For ordinary residents, these measures likely translate into changes in the availability of goods and the stability of the national economy, though the specific timing of these impacts was not detailed in the report. Because the Strait of Hormuz is a critical corridor for oil, the naval blockade and resulting tensions may influence global energy markets, potentially affecting fuel prices for consumers and businesses worldwide. The policy sets a precedent for using total economic isolation as a primary tool for regime change during active maritime negotiations.
What happens next remains dependent on the formal unveiling of the policy details. Treasury Secretary Scott Bessent announced that he would share more specific information about the sanctions and their implementation next week. In the interim, Iranian military leadership has stated the armed forces remain in a state of preparedness across all domains to respond to what they characterized as new threats. No specific dates for further diplomatic talks or military actions were reported.