Monday, 28 Sep 2026 Breaking: Rejected Iran’s Hormuz proposal over “billions in frozen assets” demand: US Ambassador to UN Mike Waltz
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
World

"Abysmal return to full-scale classic colonialism...": Iran slams latest slew of US sanctions

"Abysmal return to full-scale classic colonialism...": Iran slams latest slew of US sanctions

Tehran [Iran], August 22 (ANI): Iran on Saturday slammed the latest economic sanctions announced by the United States, calling them arbitrary and saying they have no basis in international law and violate the principle of sovereign equality enshrined in the UN Charter.
The remarks were made by Esmaeil Baqaei, spokesperson for Iran's Ministry of Foreign Affairs, in a post on X on Saturday.
"The United States' declaration of new economic sanctions on Iran is far more than continued unlawful 'economic warfare' against a single country. It is an assertion of extraterritorial sovereignty over every independent Member State of the United Nations," Baqaei said.
He said no country can lawfully compel foreign banks, enterprises or airports, which are subject to the exclusive jurisdiction of their respective sovereign states, to halt lawful commerce with a third country.
"Such secondary sanctions find no foundation in international law. They violate the principle of sovereign equality enshrined in Article 2(1) of the UN Charter and breach the customary prohibition on intervention affirmed by the International Court of Justice in the Nicaragua case," he said.
Baqaei further alleged that economic coercion aimed at forcing a sovereign state to alter its lawful policy choices amounts to an internationally wrongful act.
"When combined with a naval blockade amounting to military aggression, these demands reduce the sovereignty of all other States to something provisional, conditional, and revocable at the whim of another power," he said.
He added that compliance with such sanctions does not guarantee immunity or respect, but instead means accepting that banks, enterprises and airports operate "only under a foreign licence."
"The end result would be the complete erosion of sovereignty as the foundational basis of the UN-based inter-State system, and a recipe for an abysmal return to full-scale classic colonialism," Baqaei said.

The United States’ declaration of new economic sanctions on Iran is far more than continued unlawful “economic warfare” against a single country. It is an assertion of extraterritorial sovereignty over every independent Member State of the United Nations.

No State may lawfully…

— Esmaeil Baqaei (@IRIMFA_SPOX) August 22, 2026


His remarks come after Washington announced a fresh round of sanctions targeting Iran, amid continued tensions between the two countries and broader instability in West Asia.
Trump recently announced what he called the "most crushing economic operation ever taken" against Iran and warned countries providing financial, business or government support to Tehran of "tremendous economic consequences".
The US President said the measures would target Iran's economic lifelines, including oil smuggling networks, financial transfers, exchange houses, ship registries and front companies.
He also called the campaign an "Economic D-Day" and urged American allies to join Washington in isolating Iran. (ANI)

Tags

Related News

Rejected Iran’s Hormuz proposal over “billions in frozen assets” demand: US Ambassador to UN Mike Waltz
World
Rejected Iran’s Hormuz proposal over “billions in frozen assets” demand: US Ambassador to UN Mike Waltz

<p>New York [US], September 28 (ANI): The US Ambassador to the United Nations Mike Waltz on Sunday (local time) said tha...

"This choice of targets would be called by one word -- terrorism": Zelenskyy urges stronger sanctions over Russian strikes
World
"This choice of targets would be called by one word -- terrorism": Zelenskyy urges stronger sanctions over Russian strikes

<p>Kyiv [Ukraine], September 28 (ANI): The Russia-Ukraine conflict continued with both sides reporting strikes, as Ukrai...

"Clearly desperate": US military refutes Iran's claim of seizing underwater drone in Strait of Hormuz
World
"Clearly desperate": US military refutes Iran's claim of seizing underwater drone in Strait of Hormuz

<p>Washington DC [US], September 28 (ANI): The United States military has firmly denied claims made by Iran’s Islamic Re...

Taiwan detects 3 PLA aircraft, 5 PLAN ships operating around island
World
Taiwan detects 3 PLA aircraft, 5 PLAN ships operating around island

<p>Taipei [Taiwan], September 28 (ANI): Taiwan’s Ministry of National Defence (MND) said on Monday (local time) that thr...

At least 4 Palestinians killed, 12 injured in Israeli strikes across Gaza
World
At least 4 Palestinians killed, 12 injured in Israeli strikes across Gaza

<p>Gaza Strip, September 28 (ANI): At least four Palestinians were killed and 12 others injured in a series of Israeli a...

War with Iran will be won "very soon", pre-midterm strikes "possible": US President Donald Trump
World
War with Iran will be won "very soon", pre-midterm strikes "possible": US President Donald Trump

<p>Washington DC [US], September 28 (ANI): United States President Donald Trump expressed confidence that the conflict w...