The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.
The U.S. has spent 20 years promising ‘crippling sanctions’ on Iran. But the latest effort comes with a reverse twist, after military action failed to accomplish President Trump’s goals.
In announcing Operation Economic Outcast, the Trump administration said on Monday that it would involve choking off every last transaction that funnels money to Tehran.
Analysts say Tehran could intensify the dispute militarily after the United States announced new efforts to squeeze Iran’s economy. One Iranian official vowed that “not a single drop of oil” would leave the gulf.
Analysts say Tehran could intensify the dispute militarily after the United States announced new efforts to squeeze Iran’s economy. One Iranian official vowed that “not a single drop of oil” would leave the gulf.
Motorists drive past an anti-American billboard in Tehran on Monday. President Trump has threatened Iran with “economic warfare and isolation on an unprecedented scale.”
Mohsen Rezaei, Iran’s new security chief, last month in Tehran. Though hostilities have largely ceased, the United States and Iran are locked in an economic standoff.
For weeks, there has been no diplomatic progress, but also no full-scale fighting, as each side seems to believe it can hold out longer than the other.
For weeks, there has been no diplomatic progress, but also no full-scale fighting, as each side seems to believe it can hold out longer than the other.
A butcher in Tehran in July. The United States appears to be betting that putting Iran in a tighter economic stranglehold will succeed where military strikes have not.
Ayatollah Mojtaba Khamenei’s appointment of hard-line loyalists to top jobs suggests he is prepared to keep the country on a war footing and to quash domestic dissent.
Ayatollah Mojtaba Khamenei’s appointment of hard-line loyalists to top jobs suggests he is prepared to keep the country on a war footing and to quash domestic dissent.
A rally in Tehran in April, with posters of Ayatollah Mojtaba Khamenei. The ayatollah has not been seen in public since being named supreme leader of Iran.
President Trump said a cease-fire agreed in June would lead to limits on Iran’s nuclear program and finish the conflict, but the countries appear far apart.
President Trump said a cease-fire agreed in June would lead to limits on Iran’s nuclear program and finish the conflict, but the countries appear far apart.
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