levers

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

nglobix@gmail.com2 weeks ago02 mins

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…

Why Dubai may be vital to the Trump administration’s economic war on Iran

nglobix@gmail.com2 weeks ago04 mins

President Trump threatened this week to wield an “unprecedented” level of economic warfare against Iran, and Treasury Secretary Scott Bessent vowed to “collapse” the Islamic Republic regime with the “toughest sanctions in history.” But the effectiveness of a bolstered economic campaign against Iran may rest largely on one close U.S. ally in the Persian Gulf,…