To play this video you need to enable JavaScript in your browser.This video can not be played
CloseOn Monday, US Treasury Secretary Scott Bessent, announced an "economic D-day" against Iran, with further sanctions on the regime and countries doing business with it.
Iranian Economy Minister Ali Madanizadeh said Tehran was "fully prepared" for the sanctions, which he said would lead to "another defeat" for the US.
Iranians have felt the brunt of decades of sanctions, which left its economy in tatters.
The BBC's business editor Simon Jack described Washington's move as the "financial equivalent of a military attack using money, not missiles." and explains what the last development could mean for Iran.
Shareclose panelShare pageCopy linkAbout sharingRelated topicsIran sanctionsFollow Iran sanctions
close panelYou are now following Iran sanctionsUpdates from your News topics will appear in My News and in a collection on the News homepage.IranFollow Iran
close panelYou are now following IranUpdates from your News topics will appear in My News and in a collection on the News homepage.Economic sanctionsFollow Economic sanctions
close panelYou are now following Economic sanctionsUpdates from your News topics will appear in My News and in a collection on the News homepage.Middle EastFollow Middle East
