US says it can keep naval blockade on Iran 'indefinitely,' vows more economic pressure
Hegseth said the Navy can keep rotating ships as the blockade and sanctions campaign intensify, with U.S. officials citing mounting pressure on Tehran.
- The U.S. military can maintain a naval blockade on Iran indefinitely by rotating ships, as stated by Defense Secretary Pete Hegseth.
- Iran has controlled or sought control of the Strait of Hormuz since the war began, attacking vessels and impacting a key route for global oil and liquefied natural gas.
- The U.S. has imposed a blockade and redirected commercial vessels attempting to breach it, while also tightening economic sanctions, though these measures have not yet resulted in renewed ceasefire talks.
- The conflict has led to a forecasted decline in global oil supply this year, contributing to economic concerns including fears of a broader regional war and recession.
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164 Articles
Treasury Secretary Bessent says U.S. set to deliver unprecedented economic pain on Iran
Treasury Secretary Scott Bessent says President Trump plans to drastically dial up financial pressure on Iran as the Middle East conflict reverts to an economic war of wills.
U.S. readies unprecedented ‘economic isolation’ plan for Iran
The U.S. will soon announce unprecedented economic measures against Iran, Treasury Secretary Scott Bessent said, intensifying the Trump administration’s effort to force Tehran’s capitulation after almost six months of war.
Washington threatened Iran with unprecedented economic isolation. The tone has therefore changed rapidly, as just ten days ago Scott Bessent mentioned a possible agreement with Tehran to reopen the Strait of Hormuz. For the past week, maritime traffic has been at its lowest level. Iran remains firm and indicates that the passage will remain closed until the United States accepts all of Iran's conditions.
While Donald Trump was talking about an imminent agreement to reopen the strategic passage in early August, US Treasury Secretary Scott Bessent threatened this Thursday, August 13, to impose economic isolation on Iran...
US to intensify economic and military pressure on Iran
Washington signaled it will ramp up economic and military pressure on Tehran, dashing hopes of any imminent respite to the conflict. The US Treasury secretary said he would soon unveil restrictions “that have never been seen,” while the country’s defense chief insisted a naval blockade could be maintained “indefinitely.” Yet signs of strain are apparent: The Wall Street Journal reported that Washington will dispatch an aircraft carrier to reliev…
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