Operation Economic Fury
US imposes fresh sanctions on Iran's military oil sales, Treasury says
In a post on X/Twitter, Bessent asserted that “the Iranian economy and currency are in free fall,” as the US continues enforcing its blockade on Iranian ports along the Strait of Hormuz.
Islamic regime fires at four ships attempting to cross the Strait of Hormuz
Iran agrees in principle to deal that would dispose of enriched uranium, US officials say
Trump: Relations with Iran are 'much more professional,' told negotiators to not rush peace deal
US sanctions Iranian foreign currency exchange, international front companies
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.
US legal adviser says Iran war justified by Tehran's 'aggression' over decades
State Department Legal Adviser Reed Rubinstein made the arguments in a statement released days before a deadline for Trump to obtain congressional approval for the war with Iran.
Iran continuing to lay mines in Strait of Hormuz, US official says
In response to Iran placing mines around the Strait, which experts believe are fewer than 100, US President Donald Trump ordered the Navy to "shoot and kill any boat" suspected of doing so.