Iran’s rial remains under pressure as US sanctions target financial networks, foreign-currency access and the channels used to move Iranian revenues.
Pakistan’s army chief Munir returns to Iran: Can he break US war deadlock?
Pakistan says it can offer a channel between Tehran and Washington, but analysts differ over how much influence it has.
India’s Iran exports set to fall further due to Dubai halt, US sanctions
By Manoj Kumar, Rajendra Jadhav and Mayank Bhardwaj NEW DELHI, Aug 24 (Reuters) – Planned new U.S. sanctions on Iran and the UAE’s halt on Tehran trade could severely disrupt Indian exports of rice, …
Iran faces ‘economic D-Day’, US Treasury Secretary warns
Scott Bessent says the US will sever all economic ties with the country and that any nation partnering with Iran financially will also be isolated.
China vows to protect its rights as US readies Iran sanction
(Corrects time of press conference in paragraph 2) BEIJING, Aug 24 (Reuters) – China’s foreign ministry said on Monday Beijing will closely watch developments and do what is necessary to protect its …
Brent Drops 1.87% as Bessent Vows to Sever Iran’s Economic Lifelines
Oil prices fall as traders await the toughest US sanctions on Iran, while a Hormuz traffic recovery eases supply fears.
Oil prices fall as investors await ‘toughest’ US sanctions on Iran
Oil prices fell Monday as investors awaited details of what Washington has billed as its toughest-ever sanctions campaign against Iran.
US vows ‘economic D-Day’ as Iran threatens to halt all oil exports
By Yasmine Ghania and Kanishka Singh CAIRO/WASHINGTON, Aug 24 (Reuters) – The U.S. threatened Iran with what it called “the greatest financial offensive ever marshalled” as it prepared to roll out …
Bessent promises ‘economic D-Day’ ahead of expected Iran sanctions, offers little detail on strategy
Meanwhile, some oil companies have developed new tactics so that their tankers could pass through the Strait of Hormuz undetected. Follow for live updates.
Iran issues Strait of Hormuz vessel blacklist, warns of seizures
The announcement marks another escalation in Iran’s efforts to exert greater control over the key waterway.