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 Urges G7 to Hit China and India With Tariffs Over Russian Oil Purchases

US Urges G7 to Hit China and India With Tariffs Over Russian Oil Purchases

The United States is pushing its G7 allies to impose sweeping new tariffs on China and India, accusing both countries of helping to sustain Russia’s war effort by continuing to import large volumes of discounted Russian crude oil. According to a U.S. policy document Washington is urging the G7 to introduce secondary tariffs ranging from 50 […]