Iran and Oman edge toward temporary Strait of Hormuz reopening plan, but Tehran insists U.S. lift blockade

Iran and Oman edge toward temporary Strait of Hormuz reopening plan, but Tehran insists U.S. lift blockade

Long lines formed at gas stations in Tehran Tuesday after the United States announced fresh sanctions aimed at pressuring Iran into submission. Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of…

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Iran faces ‘greatest financial offensive ever’, says US Treasury Secretary Scott Bessent

Iran faces ‘greatest financial offensive ever’, says US Treasury Secretary Scott Bessent

The US announced a host of sanctions against Iran and threatened its supporters in what Treasury Secretary Scott Bessent said was “the single greatest financial offensive ever”. Labelling it an “economic D-Day” for Iran, Bessent said the US would sever all economic ties with the country and added that any nation financially partnering with Iran…

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Watch Live: Bessent speaks as Trump administration expected to unveil new Iran sanctions

Watch Live: Bessent speaks as Trump administration expected to unveil new Iran sanctions

Washington — Treasury Secretary Scott Bessent is holding a press conference Monday at the Treasury Department announcing Operation Economic Outcast, the Trump administration’s ramped up push to use economic tools to reopen the Strait of Hormuz and end the war with Iran.  “Today, at President Trump’s direction, the United States Treasury has begun Operation Economic…

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Iran dismisses Trump’s “economic D-Day” threat, says it “will only bring further defeat”

Iran dismisses Trump’s “economic D-Day” threat, says it “will only bring further defeat”

  15m ago USS George Washington aircraft carrier arrives in Mideast to replace USS Lincoln The USS George Washington aircraft carrier arrived in the Middle East Wednesday, according to U.S. Central Command. CBS News previously reported that the USS Washington was headed to the region to replace the USS Abraham Lincoln, about which family members…

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