Iran’s Foreign Ministry has condemned the latest U.S. measures as economic terrorism, saying Washington’s campaign violates international law, harms civilians’ access to food and medical care, and is intended to make ordinary Iranians suffer. Tehran urged countries not to implement or recognize the measures and said it would use all available means to defend Iran against joint U.S. and Israeli military and economic actions. Iran has also said the United States bears full international responsibility for damage caused by unilateral sanctions and must provide compensation, including restitution and reparations. Foreign Minister Abbas Araghchi urged the United Nations to document the humanitarian consequences and preserve evidence for possible accountability. The economic pressure has coincided with a sharp fall in oil exports: Kpler put August loadings at about 260,000 barrels per day, more than 80% below 1.7 million bpd in August 2025 and about 70% below the previous month’s 893,000 bpd; another Kpler figure cited 248,000 bpd in August versus 1.85 million bpd in March and April. The discrepancy reflects different reported comparisons and should not be treated as a single estimate. Washington says Operation Economic Outcast targets Iran’s oil-revenue networks, nuclear and missile procurement, cyber activities, aviation, shipping, gold, technology and digital assets. Treasury Secretary Scott Bessent described the broader effort as an “economic D-Day” intended to “sever every economic lifeline” supporting Tehran and warned countries maintaining financial ties with Iranian entities that they could lose access to the dollar system. President Donald Trump reimposed a naval blockade on July 14 after Iran attacked oil tankers transiting the Strait of Hormuz. Central Command said U.S. forces had redirected 75 commercial ships, disabled three vessels and boarded two. Independent estimates put current Hormuz traffic at roughly 5 million to 6 million barrels per day, compared with 15 million bpd before the war began on Feb. 28, although Trump said 10 million barrels exited the waterway on one Tuesday. Iran and Oman have discussed a temporary or shared-control navigational corridor, including possible fee-based arrangements and mine clearance, while U.S. assistance to Gulf allies using a southern corridor along Oman’s coast has reduced Tehran’s leverage.