Latest News Wires As sanctions bite, Iran threatens US aircraft carrier (Video)

Iran threatened to attack a US aircraft carrier if it returned to the Persian Gulf. Sanctions targeting Iran's oil sector prompted a 40 percent drop in Iran's currency value.

Ebrahim Norouzi / Jamejamonline / Reuters

Iran threatened on Tuesday to take action if the U.S. Navy moves an aircraft carrier into the Gulf, Tehran's most aggressive statement yet after weeks of sabre-rattling as new US and EU financial sanctions take a toll on its economy.