Iran FM: US Economic Pressure Will ‘Doomed to Fail’

This is rhetoric rather than a market-moving development: a foreign minister restating a long-held position that sanctions have not worked, without any new policy signal on either side. Its significance lies mainly in tone — Tehran is signalling it sees no substantive shift in US posture, which keeps the diplomatic track stalled. For anyone tracking Iran-related risk, the open question is whether this hardens into a durable stalemate or merely precedes a negotiating opening; nothing in the statement itself resolves that.