Updated

The Trump administration has imposed a new round of sanctions on Iran, which US officials have described as an "economic D-Day" intended to pressure and potentially topple the Iranian government. Analysts note that Tehran's leadership has weathered previous rounds of sanctions and could do so again. Many Iranians have criticized the latest measures after sanctions targeted education platforms such as Duolingo, saying they feel unjustly cut off from the international community. Iran's central bank governor, Abdolnaser Hemmati, said Tehran has sufficient foreign currency reserves despite the sanctions and that the bank is ready to inject up to $2 billion into the foreign exchange market to calm volatility. Iran's foreign ministry also accused the European Union of "surrendering its sovereignty" by backing the US sanctions, calling the bloc's stance evidence of "moral decay and political incompetence."