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Iran Slams Impending US Sanctions Over Extraterritorial Sovereignty Violations

August 22, 2026 Emma Walker – News Editor News

Iran criticized upcoming United States economic sanctions as a complete erosion of sovereignty and an assertion of extraterritorial sovereignty, according to statements released by Tehran on Saturday ahead of a scheduled Monday policy announcement by Washington.

Extraterritorial Sovereignty and Colonialism Concerns

Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated in a post on X that the impending U.S. economic measures represent an assertion of extraterritorial sovereignty over independent United Nations member states. According to Baghaei, no state can compel foreign banks, enterprises, or airports to renounce commerce with Iran. He characterized the outcome as an erosion of the foundational basis of the UN-based inter-state system and a return to full-scale classic colonialism, as reported by Al Jazeera.

https://x.com/IRIMFA_SPOX/status/2090954324348182725

The diplomatic friction precedes a scheduled Monday afternoon news conference where U.S. Treasury Secretary Scott Bessent is expected to unveil new economic sanctions targeting the Islamic Republic and its primary trading partners, including China. Bessent previously asserted that the new sanctions regime would collapse Iran and stated that other countries are either with us or against us.

Iranian Foreign Minister Abbas Araghchi dismissed the impending actions, writing on X that the new measures are bound to fail, while sharing a screenshot of a 2012 tweet from former U.S. President Barack Obama regarding past penalties.

Strait of Hormuz Blockade and Regional Logistics

While the rhetorical exchange escalated, oil shipment traffic through the Strait of Hormuz has virtually ceased amid an ongoing U.S. naval blockade of Iranian ports. According to ship-tracking data, only four commodity ships navigated the strait on Thursday, with no large crude carriers or liquefied natural gas tankers among them.

Iran says new US sanctions violate sovereignty of other states
Photo: aljazeera.com

U.S. Energy Secretary Chris Wright noted that the U.S. military helped move a seven-day average of 8 million barrels of oil per day through the waterway, down from more than 20 million barrels daily prior to the conflict. Despite the blockade, Iran granted permission for several Iraqi oil tankers to pass through the strait following requests from Baghdad, according to state news agency IRNA, which noted the arrangement was discussed during Iranian parliament speaker Mohammad Bagher Ghalibaf’s visit to Iraq.

Economic D-Day: Iran sanctions will be 'toughest' ever, Bessent says

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@LCO26V, Blockades, Breaking News: Politics, business news, Catastrophe, donald trump, Foreign policy, Government and politics, ICE Brent Crude (Oct'25), Iran, Iran government, oil and gas, politics, strait of hormuz, Trump administration, United States, United States government, United States military, war, WTI Crude (Sep'25)

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