Iran’s regime maintains an iron grip on power but still can’t ignore the impact of U.S. economic warfare, which is getting even tougher. That extends even to Supreme Leader Ayatollah Mojtaba Khamenei, who hasn’t been seen in public since the U.S.-Israeli strike on Feb. 28 that killed his father. In a written statement issued late last
President Donald Trump has downplayed his war on Iran as “small potatoes,” but those potatoes are getting bigger as both sides are escalating beyond their stalemate in the Strait of Hormuz. For months, Iran’s military has failed to completely close off the narrow waterway, as U.S. forces shepherd more oil tankers through, eroding Tehran’s geopolitical
The Trump administration announced Friday that it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government. The actions against Golden Global Yatirim Bankasi Anonim Sirketi come after Treasury Secretary Scott Bessent last week launched “Operation Economic Outcast,” Washington’s new effort to isolate already heavily
The US military says it has hit three Iran-linked oil tankers after ballistic missiles were launched towards two of its warships in the region. US Central Command (Centcom) said on Saturday it had “permanently disabled” a tanker near Kharg Island and another near the Strait of Hormuz, and “completely destroyed” a third in the Gulf
ONE BIG THING White House delivered misleading stats on oil shipments from the Gulf You will be shocked to learn that a politician may have said something misleading. U.S. Energy Secretary Chris Wright raised eyebrows in energy markets Wednesday when he said more oil exports left the Middle East on Monday—between the Strait of Hormuz
The ease and speed with which Washington has now pivoted to working with Maduro’s former vice-president infuriates the opposition. The Nobel Peace Prize winner and presidential hopeful, María Corina Machado, may choose not to publicly criticise President Trump, whose support she needs if she hopes to come to power. Others, though, have been more forthcoming.