Treasury sanctioned all 27 remaining Iranian airlines Tuesday, warning business partners they risk being cut off from the global financial system.
Tag: Scott Bessent
Breaking News Aug 25, 2026Record-Low Rial as US Unveils Sweeping Iran Sanctions
Treasury Secretary Bessent says new sanctions target all Iran revenue sources; rial hits record low of 2.02 million per dollar.
Earth Changes Aug 25, 2026Bessent Puts China on Notice as ‘Economic Outcast’ Hits Iran
US Treasury launches ‘Operation Economic Outcast’ against Iran and puts Beijing on notice; war support at home slides to 31% as Trump stalls at 33%.
Earth Changes Aug 24, 2026Iran Threatens Zero Gulf Oil Exports as US Launches ‘Economic D-Day’
Iran vows no Gulf oil exports as US rolls out ‘economic D-Day’ sanctions, names 45 violator ships, and China’s crude cut reshapes the war economy.
Earth Changes Aug 20, 2026750 U.S. Wounded as U.S. Vows ‘Toughest Sanctions in History’ on Iran
DoD confirms 750+ U.S. wounded; Bessent threatens ‘toughest sanctions in history’ as Chinese tankers bypass Hormuz and Iran-Oman talks near a deal.
Earth Changes Aug 16, 2026Another Ship Struck as Iran Mocks Trump’s ‘Seize Hormuz’ Plan
A bulk carrier is hit in the strait, Tehran mocks Trump’s annexation claim, and Bessent vows sanctions ‘never seen’ — with China in the crosshairs.
Earth Changes Aug 14, 2026Hormuz at Near-Standstill as US Vows ‘Never-Seen’ Iran Economic War
Hormuz traffic grinds toward standstill as Washington promises ‘never-seen’ economic isolation and Tehran threatens escalation if its conditions go unmet.
Breaking News Aug 14, 2026Hegseth: US Blockade of Iran Can Last ‘Indefinitely’
Hegseth says the Navy can sustain its blockade of Iranian ports ‘indefinitely’ despite reported conditions aboard the USS Abraham Lincoln.