White House press secretary Karoline Leavitt details Operation Economic Outcast sanctions targeting Iran and confirms U.S. forces are maintaining control of the Strait of Hormuz. She also confirms no …
August 25, 2026 – Iran war latest
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.
Lawmakers press Treasury to target Chinese banks over Iran
Cross-aisle fatigue with the Iran war spurs support for sanctions on Chinese financial institutions that enable Tehran to fund its chokehold on the Strait of Hormuz.
Trump targets Iran’s trade lifelines — here are the countries most exposed
Washington’s threat of “economic D-Day” collides with a small group of governments that account for most of what remains of Iran’s foreign trade.
US Sanctions Target Iran Crypto as Bearish Bitcoin and XRP Forecasts Resurface
The US has expanded its authority to sanction foreign people and businesses operating in or supporting Iran’s digital-asset sector. The measures do not sanction Bitcoin, …
China’s Iran Oil Purchases Test Trump’s New Economic D-Day Sanctions Strategy
The Trump administration has opened a new campaign to isolate Iran from global finance and trade. Treasury Secretary Scott Bessent calls the effort “economic D- …
China pushes back on Trump’s ‘economic D-Day’ Iran sanctions
Beijing’s sharp rebuke suggests the U.S. plan to economically isolate Tehran risks derailing a fragile truce with China.
U.S. Squeezes Iran but Avoids Targeting Its Biggest Lifeline: China
Washington’s fresh campaign to economically isolate Tehran stopped short of directly penalizing the country that has enabled Iran to withstand years of American pressure.
Trump’s new economic squeeze on Iran has a big challenge: China
The “ economic onslaught ” that Treasury Secretary Scott Bessent has declared on Iran’s financial connections around the world may have one major caveat: China. Beijing is Iran’s biggest trading …
Without China’s Cooperation, Iran Will Not Face An Economic D-Day
The US is imposing more sanctions on Iran, but without cooperation from China, these sanctions will hurt Iran’s economy but won’t dismantle the regime.