Iran News » Tehran News Iran » Tehran » Economy: U.S. sanctions Iranian airlines in aim to tighten economic squeeze as war spreads, oil rises
The latest U.S. action under "Operation Economic Outcast" targets all Iranian airlines that were not already facing sanctions.
News Iran » Tehran » Economy: US Treasury places sanctions on dozens of Iranian airlines to pressure Tehran
The move is the latest in the administration's effort to force Iran to the table over a deal to end the war.
News Iran » Tehran » Economy: Iran's Hormuz leverage wanes as US economic squeeze bites
"The balance of power has tilted against Iran a bit," said Iranian analyst Arash Azizi. Iran is losing some of the leverage it had over the Strait of Hormuz because it has been unable to close it ...
News Iran » Tehran » Economy: Iran Increases Gasoline Price for Its Heaviest Consumers as Economy Struggles
Iran still has some of the world’s lowest gasoline prices, but the price increase adds to daily pressures for many of the country’s more than 90 million people. Already, the c ...
News Iran » Tehran » Economy: US targets Iran’s airline industry as part of pressure campaign
The Trump administration took sweeping actions against Iran’s airline industry on Tuesday as part of its pressure campaign on Tehran.
News Iran » Tehran » Economy: An Iranian port city feels the pain of Washington’s tightening economic measures
In the Iranian port city of Bandar Abbas on the Strait of Hormuz, a waterfront once busy with boats, trucks and workers has fallen quiet. It’s a front line of the economic pain that the United States ...
News Iran » Tehran » Economy: US hits remaining parts of Iran's aviation sector with sanctions in latest move to isolate Tehran
The Trump administration has fimposed sanctions on additional aspects of Iran’s aviation industry. On Tuesday, the Treasury Department targeted more than two dozen commercial and private airlines ...
News Iran » Tehran » Economy: US Treasury Targets Iran's Aviation Sector With Sweeping New Sanctions
Tuesday's actions marked a sharp escalation of the Trump administration's renewed push to squeeze Iran's economy and pressure Tehran to loosen its chokehold on the Strait of Hormuz. A U.S. naval ...
News Iran » Tehran » Economy: US sanctions hit Iran's civilian air sector
The US Treasury Department on Tuesday imposed sanctions on 27 Iranian airlines and suspended previously granted humanitarian exemptions that allowed non-US airlines to transport passengers to and from ...
News Iran » Tehran » Economy: Bessent warns Iran's outside backers to 'stay away' as Trump seeks to 'asphyxiate' Tehran's economy
Treasury Secretary Scott Bessent warned nations still propping up Tehran to "stay away" as new sanctions target the nation on multiple fronts.
News Iran » Tehran » Economy: Iran-backed Houthis attack four Saudi cities in expansion of Middle East war, 73 hurt
Iran threatened the United States with "economic warfare" on Tuesday and said it had fired an advanced missile at U.S. warships, underscoring the risks of ...
News Iran » Tehran » Economy: Iran-backed Houthi rebels attack Saudi Arabia in major escalation that injures dozens
Iran-backed Houthi rebels in Yemen launched attacks on four Saudi oil facilities that supply trade routes outside the Strait of Hormuz on Tuesday. Officials say the attacks injured more than 70 people ...