Iranian Parliament Speaker Mohammad Bagher Ghalibaf said that there is no alternative to accepting the rights of the Iranian people as outlined in the 14-point proposal.
On X, he said, “Any other approach will be completely inconclusive; nothing but one failure after another,” adding, “The longer they drag their feet, the more American taxpayers will pay for it.
In another development, the United States imposed sanctions on 12 individuals and entities linked to Tehran, accusing them of “facilitating” the sale and shipment of Iranian oil to China, days before US President Donald Trump visits Beijing.
A statement issued by the US Treasury Department said, “The IRGC relies on front companies in permissive economic jurisdictions to obfuscate its role in oil sales and funnel the revenue to the Iranian regime.”
As part of its campaign against Iran, the United States has intensified sanctions on Tehran and the IRGC in an attempt to cripple the country’s economy.
Treasury Secretary Scott Bessent said,“As Iran’s military desperately tries to regroup, Economic Fury will continue to deprive the regime of funding for its weapons programs, terrorist proxies, and nuclear ambitions.”
He added, “Treasury will continue to cut the Iranian regime off from the financial networks it uses to carry out terrorist acts and to destabilize the global economy.”
The war has impacted global energy markets after Tehran effectively closed the vital Strait of Hormuz, through which approximately 20% of the world’s oil and gas supply passes. (EIR)
