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Iran criticizes U.S. sanctions plan as violating extraterritorial sovereignty

U.S. Treasury Secretary Scott Bessent said the proposed economic measures are intended to reduce the likelihood of major U.S. military operations.

Reported · Written up by our desk · Trade & Tariffs

Iran criticized a proposed U.S. sanctions package as an infringement on what it called extraterritorial sovereignty, according to CNBC Markets.

CNBC reports that U.S. Treasury Secretary Scott Bessent said the economic measures are expected to offset the need for major U.S. military operations, framing sanctions as an alternative to wider military action.

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