Iran Predicts ‘Another Defeat’ for US After New Sanctions

Iran’s economy minister on Monday dismissed new US sanctions as a failed strategy, predicting Washington would face “another defeat” in its standoff with Tehran. Ali Madanizadeh said Iran has a “two-year plan” to counter the measures, responding directly to US Treasury Secretary Scott Bessent’s vow to cut “every economic lifeline” sustaining the Iranian regime. Bessent announced the expanded sanctions earlier Monday, targeting remaining revenue streams for Tehran. Madanizadeh’s remarks signal that despite mounting US pressure, Iran’s leadership intends to resist rather than negotiate. Follow our liveblog for the latest updates.