The Trump administration called it the biggest sanctions action the United States had ever undertaken against Iran. Iran’s president called it an act of “economic war” and said his country would win.

Iran combines enormous economic potential with deep structural vulnerability. It holds some of the world’s largest oil and natural-gas reserves, has a large educated population and sits beside vital ...

United States Treasury Secretary Scott Bessent on Monday unveiled a new wave of sanctions – Operation Economic Outcast – targeting nearly 60 entities, people and vessels over Iran trade. The measures ...

An end to military hostilities, the reopening of the Strait of Hormuz and a roadmap for sanctions relief are among the key provisions contained in a reported agreement between the United States and ...

The head of Iran's Supreme National Security Council, Mohsen Rezai, said that any country joining the U.S. in sanctions as part of President Trump's attempt to pressure the country's economy would be ...