Mohammad Bagher Ghalibaf, lead negotiator in talks with Washington, made the comments after President Trump vowed an “economic D-Day” against Iran.

U.S. Treasury Secretary Scott Bessent told CNBC on Thursday that Washington will impose the "toughest sanctions in history" against Iran.

The suspension ends a key commercial lifeline, though analysts said Iran's sanctions-evasion networks and enforcement uncertainty limit how decisive a blow it will be

As bombastic threats and abrupt shifts in positions come to define Trump's rhetoric in the six-month war with Iran, some analysts have likened his approach to the so-called "madman theory" often associated with former President Richard Nixon.

U.S. President Donald Trump reverses course on claims around the status of talks with Iran, saying no negotiations are planned. Elsewhere, the UAE halts trade with Tehran, shortly after reporting two missiles fired in its direction.

Speaking in New York on Friday, Trump, with a chuckle, said: "Pretty soon I'll be declaring the Hormuz Strait a territory of the United States." View on euronews

Iranian parliament speaker Mohammed Baqer Qalibaf said ​on Friday that Iran must plan to overcome "unjust ‌sanctions", a day after U.S. Treasury Secretary Scott Bessent announced what he described as the toughest sanctions ever imposed ​on Iran.

Iran has traditionally maintained good relations with Turkey and Pakistan; its cultural bonds with these two countries are strong and go back centuries. More recently, the Islamic Republic has worked to improve its relations with Saudi Arabia, particularly since reestablishing diplomatic ties with Riyadh in 2023.

The former Trump defense secretary says Iran's sweeping demands to reopen the Strait of Hormuz show Tehran believes it has the upper hand.

Iran says Qatar is holding three pilots who were shot down in March. Doha decries ‘misleading statements’.

Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."

Iran and the US remain locked in a prolonged confrontation as Washington intensifies economic pressure and Tehran rejects Trump's threats while making the Strait of Hormuz central to any potential deal.