Iran Urges Countries Not to Implement New U.S. Sanctions as Mediators Focus on Reopening Strait

By Yasmine Ghania and Ahmed Tolba

DUBAI, Aug 28 (Reuters) – Iran condemned the United States’ new economic sanctions on Friday as “state terrorism,” while its supreme leader said he was banning acts that could harm “social cohesion” amid concern that more financial pain could spark unrest at home.

With the war now at the six-month mark, and negotiations at an impasse, President Donald Trump’s administration has stepped up efforts to cripple Iran financially, with what it has billed an “economic D-Day.”

The sanctions drive compounds the toll of the war on Iran’s economy, where annual