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US Sanctions Hezbollah, Pressures China to Back Iran Economic Squeeze
iran middle east

US Sanctions Hezbollah, Pressures China to Back Iran Economic Squeeze

Treasury redesignated Hezbollah as serving the Iranian regime under IRGC-Quds Force command as Secretary Bessent urged Beijing to support measures he says could collapse Iran's government.

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Bessent Vows Toughest Iran Sanctions as China and Russia Push Back
Analysis
iran middle east

Bessent Vows Toughest Iran Sanctions as China and Russia Push Back

Treasury Secretary Bessent pledged the toughest-ever Iran sanctions and called on China to cooperate — analysts warn Beijing and Moscow's ties with Tehran could blunt the campaign.

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Hengli Group Named Top Buyer of Sanctioned Iranian Crude, Analysts Say
iran middle east

Hengli Group Named Top Buyer of Sanctioned Iranian Crude, Analysts Say

China-based Hengli Group is the top importer of sanctioned Iranian crude oil, analysts say, part of a teapot refinery network shielding Tehran from U.S. economic pressure.

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Congress Advances Russia-Iran Sanctions to Squeeze Putin's Oil Revenue
iran middle east

Congress Advances Russia-Iran Sanctions to Squeeze Putin's Oil Revenue

The Senate passed a sweeping Russia-Iran sanctions package 86-11. The House moved to advance it August 10 as oil markets brace for tighter supply.

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Treasury Sanctions Networks in China, India, and Russia Supporting Iran's Mahan Air and IRGC
iran middle east

Treasury Sanctions Networks in China, India, and Russia Supporting Iran's Mahan Air and IRGC

The U.S. Treasury targeted six entities and individuals across four countries for enabling Mahan Air and an IRGC front company implicated in targeting U.S. and Israeli assets.

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Senate Advances Graham Bill for Harsher Sanctions on Russia and Iran
diplomacy

Senate Advances Graham Bill for Harsher Sanctions on Russia and Iran

The Senate advanced the bipartisan Graham bill Tuesday night, targeting Russia and buyers of Russian and Iranian energy with penalties significantly beyond current U.S. sanctions.

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Brent Crude Hits One-Month High as Hormuz Tanker Traffic Collapses
markets

Brent Crude Hits One-Month High as Hormuz Tanker Traffic Collapses

Brent hit $85.92 Friday — a one-month high — as IRGC attacks on Hormuz radar sites and Washington's Iran sanctions deadline drained tanker traffic to two-month lows.

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US Sanctions Iran, IRGC-Linked Entities Over Hormuz Attacks
iran middle east

US Sanctions Iran, IRGC-Linked Entities Over Hormuz Attacks

The U.S. Treasury has imposed a fresh sanctions package targeting Iran and IRGC-linked entities in response to recent attacks in the Strait of Hormuz.

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Brent Crude Spikes to $76 After US Revokes Iran Oil Export Waiver
markets

Brent Crude Spikes to $76 After US Revokes Iran Oil Export Waiver

Oil prices jumped more than 5% after the US revoked Iran's oil export waiver and IRGC drones struck two tankers in the Strait of Hormuz, deepening the ceasefire collapse.

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US Navy F/A-18 Disables Iran-Bound Oil Tanker in Gulf of Oman
defense

US Navy F/A-18 Disables Iran-Bound Oil Tanker in Gulf of Oman

A US Navy Super Hornet struck and disabled an unladen tanker headed to load Iranian crude, CENTCOM said, as Tehran announced a new maritime security belt across regional sea lanes.

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US Pressures Oman to Cut Ties With Iran, Threatens Sanctions
diplomacy

US Pressures Oman to Cut Ties With Iran, Threatens Sanctions

The Trump administration is demanding Oman sever diplomatic relations with Iran, threatening sanctions or military action against the Gulf state over its historic neutrality, the Wall Street Journal reports.

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US Crude Exports Hit Records as SPR Drawdowns Cool Brent
markets

US Crude Exports Hit Records as SPR Drawdowns Cool Brent

US crude exports have surged to all-time highs and SPR releases keep flowing as Brent eases off recent highs on rising bets that a Hormuz deal is near.

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Bessent: No Sanctions Relief Until Hormuz Opens, Iran Surrenders Uranium
diplomacy

Bessent: No Sanctions Relief Until Hormuz Opens, Iran Surrenders Uranium

Treasury Secretary Scott Bessent laid out Washington's firm preconditions for any Iran sanctions relief, warning that Hormuz and uranium must come first.

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Treasury hits 19 vessels, Amin Exchange in Iran sanctions tranche
diplomacy

Treasury hits 19 vessels, Amin Exchange in Iran sanctions tranche

Treasury and State on May 22 designated 19 ships, money-changer Amin Exchange and a UAE-Turkey-Hong Kong front network — the financial leg of the Economic Fury campaign.

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Trump Vows Hormuz Stays Open as Iran Warns of Economic Pain
iran middle east

Trump Vows Hormuz Stays Open as Iran Warns of Economic Pain

Trump pledged the Strait of Hormuz will not become an Iranian weapon while Tehran's foreign minister warned Americans of rising debt costs and senators broke with the president.

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OFAC sanctions 10 entities over Iran weapons procurement
diplomacy

OFAC sanctions 10 entities over Iran weapons procurement

Treasury designates firms in China, Hong Kong and Belarus tied to Iran's CDPI procurement network feeding the Shahed UAV and ballistic-missile programs.

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Oil Markets Fracture: Futures Say $101, Physical Barrels Cost $130
Analysis
markets

Oil Markets Fracture: Futures Say $101, Physical Barrels Cost $130

Front-month Brent futures and physical Dated Brent have diverged by more than $30 for the first time, as the Hormuz closure drains refinery stockpiles faster than financial markets can price the shock.

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US Sanctions Chinese Oil Terminal in 12th Iran Crude Crackdown
iran middle east

US Sanctions Chinese Oil Terminal in 12th Iran Crude Crackdown

State and Treasury designated Qingdao Haiye Oil Terminal and three Iranian currency exchange houses for processing tens of millions of barrels of sanctioned Iranian crude.

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What does 'sanctions' actually mean? A mechanical explainer
Explainer
diplomacy

What does 'sanctions' actually mean? A mechanical explainer

The word 'sanctions' covers a dozen different mechanisms with vastly different impact. Here's how primary, secondary, and unilateral sanctions work — what bites, what doesn't, and why Iran is still functioning under maximum-pressure.

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