Russia differs sharply with the West on how to win Tehran's cooperation. - Reuters photo

MOSCOW: Russia dismissed new U.S. sanctions targeting Iran's financial and energy sectors as “unacceptable” on Tuesday and said they would hurt the chances of renewing talks with Tehran over its nuclear programme.

A sharply worded Russian statement underscored Moscow's longstanding opposition to sanctions beyond those endorsed by the United Nations Security Council, where Russia holds veto power as a permanent member.

“We again underline that the Russian Federation considers such extraterritorial measures unacceptable and contradictory to international law,” Foreign Ministry spokesman Alexander Lukashevich said in the statement.

It indicated that despite agreement last week on a U.N. nuclear agency board resolution that expressed increasing concern about Iran's nuclear programme, Russia differs sharply with the West on how to win Tehran's cooperation.

“Such practices ... seriously complicate efforts for constructive dialogue with Tehran,” Lukashevich said.

The United States, which fears Tehran's nuclear programme is aimed at developing atomic weapons, named Iran on Monday as an area of “primary money laundering concern” in a step designed to dissuade non-U.S. banks from dealing with it.

It also blacklisted 11 entities suspected of aiding Iran's nuclear programme, which Tehran says is meant for peaceful purposes including power generation, and expanded sanctions to target companies that aid its oil and petrochemical industries.

Opinion

Editorial

Budget presser
Updated 14 Jun, 2026

Budget presser

If the FBR falters, the government will find itself in hot water sooner rather than later.
Muharram precautions
14 Jun, 2026

Muharram precautions

WITH Muharram due to start next week, the authorities have already begun annual exercises to ensure that the ...
Blood bequests
14 Jun, 2026

Blood bequests

WORLD Blood Donor Day offers a moment of “gratitude, advocacy and renewed commitment” for thalassaemia patients...
Sustainable path?
Updated 13 Jun, 2026

Sustainable path?

The FY27 budget is the first clear signal that the government is ready to transition from stabilisation to growth.
Prioritising education
13 Jun, 2026

Prioritising education

THOUGH the improvement in the country’s literacy rate may be slight, as highlighted by the Economic Survey, it ...
Poverty’s rise
13 Jun, 2026

Poverty’s rise

AS attention turns to the government’s plans for the coming fiscal year, one set of figures deserves particular...