US President Donald Trump has vowed to hit Iran hard economically and Tehran has threatened to shut down all oil exports from the Gulf ‘if the economic war continues’.
Washington:The US announced a new economic sanctions plan targeting Iran and its trade partners.
Treasury Secretary Scott Bessent said countries have a ‘timeline’ to cut business ties with Iran.
He declined to provide details on the countries targeted or when the sanctions would kick in
Oil prices slipped more than $2 a barrel, with analysts skeptical that Washington’s latest move will significantly disrupt global crude or hit the Iranian economy
US President Donald Trump has vowed to hit Iran hard economically and Tehran has threatened to shut down all oil exports from the Gulf ‘if the economic war continues’.
Pakistan’s army chief Asim Munir was in Iran in an effort to revive talks