US Expands Sanctions Campaign to Squeeze Iran’s Economy

The United States has launched a broad new sanctions campaign designed to intensify pressure on Iran’s economy, targeting the country’s oil revenues, financial networks, military procurement channels and international trading partners. U.S. Treasury Secretary Scott Bessent described the initiative as an “economic onslaught” against Tehran. The campaign, known as Operation Economic Outcast, combines fresh sanctions […]

U.S. Says New Sanctions Will ‘Squash’ Iran’s Economy and Collapse Its Regime

The United States has vowed to impose what Treasury Secretary Scott Bessent described as the “toughest sanctions in history” against Iran, saying Washington intends to intensify economic pressure on Tehran and cut off the financial lifelines supporting its government. Bessent said the Trump administration’s strategy was designed to severely weaken Iran’s economy and increase pressure […]

US Threatens Iran With ‘Toughest Sanctions in History’ as Economic Pressure Intensifies

The United States is preparing what Treasury Secretary Scott Bessent has described as the “toughest sanctions in history” against Iran, dramatically escalating Washington’s economic campaign against Tehran as the conflict and tensions surrounding the region continue. Bessent said Thursday that the new measures would be designed to intensify pressure on Iran’s economy and reduce the […]

U.S. Reinstates Sanctions on Iranian Oil Sales After Tanker Attacks, Raising Stakes in Middle East Crisis

The United States has reinstated sanctions on Iranian oil exports after a series of attacks on oil and liquefied natural gas (LNG) tankers in and around the Strait of Hormuz, marking a significant escalation in its economic pressure campaign against Tehran and further straining already fragile diplomatic relations. The move comes as tensions between Washington […]

U.S. Weighs Sending More Troops as Iran War Enters Possible New Phase

In WASHINGTON the Biden administration is actively considering deploying thousands of additional U.S. troops to the Middle East as the conflict with Iran enters a potentially new and more intense phase, according to U.S. officials and sources familiar with the planning. Officials speaking on condition of anonymity said that strategic military options are being evaluated […]

Iranian Parliament Backs Strait of Hormuz Closure

Iranian Parliament Backs Strait of Hormuz Closure

Oil Market Braces for Turmoil Iranian state-owned outlet Press TV has released a new report quoting Major General Kowsari, a senior member of the Iranian Parliament’s National Security Commission, who stated that the Parliament has reached the conclusion that the Strait of Hormuz should be closed, but the final decision in this regard lies with […]