China Is the Iran War’s Unexpected Winner
The Iran war was supposed to expose China’s weakness on oil, but it didn’t quite work out that way.
The Iran war was supposed to expose China’s weakness on oil, but it didn’t quite work out that way.
The U. S. has spent 20 years promising ‘crippling sanctions’ on Iran.
Scott Bessent, secretary of the Treasury, unveiled what the administration describes as its most comprehensive assault to date on Iran’s economy. The plan, called Operation Economic Outcast, would sanction more than 60 entities that aid Iran’s nuclear and missile programs.
The Trump administration says it will try to cut the country off from the global economy by targeting its trading partners.
The sailor, Joshua Aviles, was on his way home from the Middle East aboard the beleaguered aircraft carrier when he learned his father had been detained.
Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures.
Analysts say Tehran could intensify the dispute militarily after attempts to squeeze its economy. An Iranian official vowed “not a single drop of oil” would leave the Gulf.
Treasury Secretary Scott Bessent is expected to announce an escalation of sanctions aimed at further isolating Iranian trade.
The move to call off the high-profile event was communicated in June, South Korea said. President Trump shortened another joint military exercise earlier this month.
Treasury Secretary Scott Bessent will hold a news conference outlining the new package of measures.
In recent weeks, the police have closed dozens of cafes, often citing laws that stipulate women must veil in public. Experts say the closures are part of an effort to control public space.
President Trump needs to face reality on the Strait of Hormuz.
Iran’s new hard-line national security adviser, Mohsen Rezaei, vowed to prevent “a single drop of oil” from leaving the region.
For Florida-based Powerus, becoming a global supplier of counterdrone technology has meant involving the Trumps, a golf course and a new way of doing business.
Residents in Tehran are experiencing the effects of the “economic D-Day” that President Trump threatened against Iran on Wednesday.
Beijing can squeeze U. S. critical mineral supplies and has enough oil to withstand the loss of Iranian crude, Chinese analysts say.
Mohammad Bagher Ghalibaf, lead negotiator in talks with the United States, made the comments after President Trump vowed an “economic D-Day” against Iran.
Fears about the war in Iran, government deficits, the economy and corporate borrowing stirred global markets.
Plus, your Friday news quiz.
More vessels are navigating the Strait of Hormuz with their location devices turned off to evade attacks by Iran, adding to the threat of collisions.