OREANDA-NEWS  Iran is fully prepared for new sanctions from the United States. This was announced by the Minister of Economy of the Islamic Republic Seyed Ali Madanizade, Tasnim reports.

"The government of the country has planned in advance how to resist the US sanctions, and is fully prepared for the new restrictions," the minister said. He noted that the authorities have prepared a two-year economic development plan that takes into account "all relevant issues."

At the same time, Madanizade admitted that the conflict had affected the work of metallurgical plants. "But we have restored them and continue to defend the country," he stressed.

Earlier, US President Donald Trump announced the start of a new "crushing" economic operation against Iran. According to him, the Iranian navy has been destroyed, the air force has been defeated, military enterprises have been turned into ruins, the national currency has been devalued, and the country itself is "hanging by a thread."