Iran, Houthis block 2 key global shipping routes, straining the global economy

Iran and Houthi rebels have effectively closed two key maritime chokepoints, threatening global oil prices and trade routes.

Bessent unveils new effort to cripple Iran’s economy

The move marks the Trump administration’s latest attempt to force an end to an increasingly unpopular war that has stretched into its sixth month.

‘We will retaliate like an earthquake:’ How Iran could respond to Trump’s economic ‘D-Day’

As Washington launches its latest plan to cripple Iran’s economy, the Islamic Republic has threatened a regional and global response designed to raise the stakes for the United States and the world.

U.S. diesel price tops $6 per gallon, a record high as Ukraine and Iran wars ripple through economy

U.S. diesel prices hit their highest level ever as fuel supply disruption stemming from the Ukraine and Iran wars lifts ...

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 ...

Bessent: Iran economy could collapse ‘within weeks or months’

Treasury Secretary Scott Bessent on Monday said Iran’s economy could collapse “within weeks or months,” as the Trump ...

Iran makes a major crypto move as U.S. pressure hits its economy

Iran is reportedly leaning on crypto to keep cross-border trade going under a U.S. blockade.

Iran struggling to stay afloat against US economic pressures, blockade

Iran is increasingly struggling to withstand the full force of America’s naval blockade and economic sanctions pummeling its ...
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Putin Backs Iran as Trump Escalates Strikes and Economic Pressure

Putin Backs Iran as Trump Escalates Strikes and Economic Pressure ...
Yahoo Finance

Iran business leader admits U.S. blockade will inflict more economic damage than war, and the ‘worst thing that could happen’ is trying to evade it

President Donald Trump is doubling down on wielding economic pressure to squeeze Iran as his military options dwindle, and Tehran's business community warned the naval blockade will cause ...