Operation Economic Fury

Middle East on brink of World War III, warns Iranian lawmaker among escalating tensions - report

While Iran has flirted with reconciliation with the US at times, it has also sought to position itself alongside countries that want a new world order.

The fireball is ascending during a nuclear artillery test Grable Event  - part of Operation Upshot-Knothole- a 15-kiloton test fired from a 280-mm M65 Atomic Cannon at Frenchman's Flat. 25th May 1953.
IDF reservists

Iranian missiles intercepted over Jordan in largest barrage since Operation Roaring Lion

IDF Paratroopers Brigade operating in the Gaza Strip. Pictures released on August 24, 2026.

Two IDF soldiers wounded during Hezbollah clash as Israel warns PA of 'all-out war'

FILE PHOTO: People walk on the beach, with vessels in the Strait of Hormuz visible near the beach of Bandar Abbas, Iran, May 22, 2026.

Iranian official warns new restricted zone in Strait of Hormuz as Netanyahu threatens Iran's regime


Iran economic sanctions leading to extremist regime elements gaining power, dissident says - report

"Under President Trump, the Treasury Department will continue to cut off every economic lifeline sustaining this regime, until Tehran is left completely alone," Treasury Secretary Scott Bessent said.

US Secretary of the Treasury Scott Bessent takes questions from reporters as he speaks during a press conference in Washington, DC on August 24, 2026. Bessent, in a column for the Financial Times, declared that an "economic D-Day" had begun against Tehran on Monday.

Shin Bet foils terror plot in West Bank as Iran, Oman reach agreement on shares of Hormuz revenue

US imposes sanctions on Palestine action • IDF, US Air Force chiefs meet to discuss Iran • Iran asks Qatar to clarify fate of missing pilots

CENTCOM's Adm. Brad Cooper meets with IDF Chief of Staff Lt. Gen. Eyal Zamir on January 24, 2026.

Iran, Oman negotiate framework for Hormuz transit after Trump claims all mines removed from strait

US offers $10 million reward for information on senior IRGC leaders • Hamas, Gazan NGO committee warn parents to stop children flying kites after Israel threatens strikes

 Images of Iran's late Supreme Leader Ali Khamenei and new Supreme Leader Mojtaba Khamenei with replicas of missiles seen during a gathering in Tehran, Iran, August 12, 2026

US can still strike Hormuz targets, Hegseth warns as 'Economic D-Day' takes aim at Iran's economy

"By no means are we foreclosing using kinetic strikes anywhere in the Strait of Hormuz or around Iran," Hegseth told reporters.

US Defense Secretary Pete Hegseth speaks during a Senate Armed Services Committee hearing on US President Donald Trump's FY2027 budget request for the Department of Defense on Capitol Hill in Washington, DC, US, April 30, 2026.

Iran advances plan to charge vessels fees for Strait of Hormuz passage

Under Articles 38 and 44 of UNCLOS, Iran cannot suspend, impede, or charge tolls for vessels passing through the Strait of Hormuz.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

Trump says Iran 'would love' to make a deal with the US but isn't prepared to make the right one

Trump also said that the US had total control over the "entire region having to do with the Strait of Hormuz."

US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, US, August 7, 2026

'Economic D-Day': Trump threatens economic warfare against countries aiding Iran

UAE suspending all trade activities, commercial exchanges and financial transactions with Iran following Trump statement • Trump promises 'economic warfare and isolation on an unprecedented scale'

US President Donald Trump boards Air Force One at Joint Base Andrews, Maryland, US, August 7, 2026

Trump says he will declare Strait of Hormuz a 'territory of the United States' after defeating Iran

Iranian Deputy Foreign Minister Kazem Gharibabadi responded to Trump's comments later on Friday, saying that "Iran neither fears threats nor cowers before displays of power."

US President Donald Trump reacts as he speaks to the media with US Treasury Secretary Scott Bessent behind him, on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Iran fears economic sanctions more than military strikes, Trump's UN envoy Mike Waltz says

“When Iran is coming to the table with our negotiators, they are talking about cash, cash, cash. Because they’ll absorb the bombings," Waltz said in an interview with Fox News.

 U.S. National Security Advisor Mike Waltz speaks with the media following meetings with a Ukrainian delegation in Jeddah, Saudi Arabia, March 11, 2025.

Iran to receive hundreds of Chinese shoulder-launched missiles systems in weeks

The contract covers the purchase of between 300 and 400 man-portable air defense systems (MANPADS), including Chinese-made QW-12 and FN-16 missiles.

A member of the Bolivarian National Militia holds a Russian-made 9K338 "Igla-S" (SA-18) man-portable air-defense (MANPAD) surface-to-air missile launcher as he takes part in a rally against US military activity in the Caribbean