This is an entry from: Live: Iran, Oman agree on share of Hormuz and revenues, says IRGC
Iran says US sanctions will achieve nothing
26 August 2026 19:42 BST
Iran's president insisted on Wednesday that the United States would achieve nothing with its new sanctions campaign after Washington laid out plans to collapse the country's economy.
Almost six months into their war, the two sides are locked in a stalemate, with Iran keeping the key Strait of Hormuz shut and Washington persisting with a naval counter-blockade of Iran.
"America will not achieve anything with economic pressure at this stage, just as it was unable to achieve anything in the war," Iranian President Masoud Pezeshkian said Wednesday, according to the country's ISNA news agency.
"We will stand firm against economic pressures, as we have done so far and will continue to do."
Facts Only
* Iran and Oman agreed on the share of Hormuz and revenues.
* Iranian President Masoud Pezeshkian stated that the United States would achieve nothing with its new sanctions campaign.
* The conflict has lasted almost six months.
* Iran kept the Strait of Hormuz shut.
* Washington persisted with a naval counter-blockade of Iran.
* The statement was made on Wednesday, August 26, 2026.
