The announcement came as part of “Operation Economic Outcast,” a wider U.S. campaign targeting Iran’s financial networks. Treasury Secretary Scott Bessent described the effort as an economic “D-Day” …
US launches secondary sanctions against Iran, third countries
The United States announced on August 24 (local time) that it has begun “Operation Economic Outcast” against Iran. The core of this initiative is “secondary sanctions,” which aim to isolate the …
US launches secondary sanctions against Iran, third countries
The United States announced on August 24 (local time) that it has begun “Operation Economic Outcast” against Iran. The core of this initiative is “secondary sanctions,” which aim to isolate the …
Iranian Rial Hits Record Low as the U.S. Unveils New Sanctions
The rial traded at about 2.02 million to the dollar Monday as Treasury Secretary Scott Bessent warned of an “economic D-Day” for Iran.
What Scott Bessent announced after ‘toughest sanctions ever’ hype
The US promised ‘the toughest sanctions ever’ on Iran. Here’s what Trump’s team actually delivered – IN FOCUS: Despite warning of an ‘economic D-Day’, experts tell Maira Butt that Washington stepped b …
Iran and Oman propose temporary Strait of Hormuz deal as tensions over key waterway persist
The US is threatening damaging new sanctions on countries that refuse to cut economic ties with Iran, but has stopped short of actually imposing big new penalties. Follow for live updates.
China pushes back after Trump tightens the screws on Iran
China’s top leader, Xi Jinping, is expected to travel to the United States next month to meet with President Donald Trump to continue talks aimed at stabilizing the countries’ relationship.
China angered over US sanctions against Iran
China is angrily pushing back against the President Donald Trump administration on new sanctions against Iran that will harm it.
China needs U.S. dollars but is building a hedge against Washington’s sanctions
The U.S. can pressure Chinese banks over Iran through access to its financial system, while Beijing is building alternatives such as CIPS.
The US says it’ll crack down on countries doing business with Iran. Who’s buying Iranian oil?
US Treasury Secretary Scott Bessent on Monday vowed an “economic D-Day” for countries that buy oil from Iran. Experts say that means one country in particular: China.