US Treasury Secretary Scott Bessent said on Tuesday at a G20 finance leaders' meeting in Asheville, North Carolina, that Washington was likely to announce bank sanctions against Iran this week. ^[1] Abdolnaser Hemmati, the governor of Iran's central bank, stated on Tuesday that Iran has sufficient foreign currency reserves despite US sanctions. ^[2] Iranian parliament speaker Mohammad Baqer Qalibaf was quoted by Iranian media as saying that if the enemy wants to prevent oil exports from the Persian Gulf, no one will be able to export oil. ^[3] Iranian President Masoud Pezeshkian said in Bishkek that if the US returns to its commitments under a June Memorandum of Understanding, the Islamic Republic of Iran will immediately reciprocate. ^[4] Abdolnaser Hemmati said on Tuesday that he is telling the President of the United States that Iran has foreign currency and it has enough. ^[5] Abdolnaser Hemmati stressed that while economic conditions and livelihood management have become difficult, economic collapse has never happened and will never happen. ^[6]