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Regional powers seek off-ramp from Iran war, and other Middle East developments
Qatar and other regional powers sought an off-ramp from the war with Iran on Thursday as another tanker attack was reported in the Strait of Hormuz, and the Iranian government dismissed the Trump administration’s latest sanctions. Elsewhere in the Middle East, Israel continued its attacks on Gaza and Lebanon even as the country’s strikes on […]
Exclusive: US Patriot missile stocks in Europe are ‘beyond critical’ due to Iran war, officials say
WASHINGTON | The U.S. military is experiencing a “beyond critical” shortage of advanced missile interceptors in Europe largely driven by President Donald Trump’s war with Iran, a U.S. defense official in Europe and a NATO official told The Associated Press, raising concerns about vulnerabilities in NATO countries to a potential Russian attack. The U.S. defense […]
After six months of Iran war, US goals have shifted. The Strait of Hormuz is now a top concern
WASHINGTON | When President Donald Trump launched the war with Iran in late February, he initially forecast it would last four to five weeks. Six months later, there’s still no off-ramp in sight despite Trump’s repeated assertions that the war has been won or a deal to resolve it was nearly complete. A June memorandum […]
Trump’s new economic squeeze on Iran has a big challenge: China
WASHINGTON | The ” economic onslaught ” that Treasury Secretary Scott Bessent has declared on Iran’s financial connections around the world may have one major caveat: China. Beijing is Iran’s biggest trading partner and its leading oil buyer. While the U.S. is trying to isolate the Islamic Republic from its remaining economic partners, President Donald […]
Secret Service confirms awareness of Iranian state media video threatening Barron Trump’s life
WASHINGTON | The U.S. Secret Service has confirmed it is aware that Iranian state media has aired a video that appears to threaten the life of Barron Trump, President Donald Trump’s youngest son. “The U.S. Secret Service is aware of the video and investigates anything that can be perceived as a threat toward our protectees,” […]
Iran warns of a harsh response to anticipated US sanctions and other Middle East news
Iran warned that U.S. sanctions set to be announced Monday would not bring peace to the region. Meanwhile, Israeli and Syrian officials met less than a week after Israeli strikes in Syria. And Israel said it killed a Hamas commander in Gaza. Here’s a look at the latest developments in the Iran war and the […]
Iran’s rial currency hits new record low as US prepares to announce more sanctions
TEHRAN, Iran | Iran’s currency hit a record low Monday as Washington prepared to announce new sanctions it said would add further pressure on an economy already battered by previous sanctions and a U.S. naval blockade. The rial dropped to 2.02 million to the U.S. dollar as trading opened on currency markets. Iran’s official Central […]
Bessent says US ‘D-Day’ economic sanctions aim to block all sources of revenue for Iran
WASHINGTON | Treasury Secretary Scott Bessent announced a new round of sanctions aimed at Iran on Monday and warned every country that does business with the Islamic Republic to sever those financial ties or face retaliation from the United States. The new warnings to further cut off Iran from the rest of the world economy […]
Iranian families struggle to afford the basics as US ratchets up economic warfare
TEHRAN, Iran | Tehran’s grocery stores are well-stocked, but many families can barely afford the basics. Unemployment is soaring and those with jobs are working more hours for money worth half as much as a year ago, putting food, medicine and everything else — except for heavily subsidized gasoline — further out of reach. “We […]
Iran security chief threatens neighbors against economic measures, and other Mideast developments
The new leader of Iran’s top security body is threatening neighbors against joining new U.S. efforts to squeeze Tehran’s economy. Egypt is trying to revive Iran-U.S. negotiations. And Iraq and Iran say Tehran has helped some ships carrying Iraqi oil to transit the Strait of Hormuz. France and Saudi Arabia are expected to discuss plans […]