The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
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.
Treasury Secretary Scott Bessent said the United States would “tighten the noose” around Iran by imposing sanctions on every source or facilitator of its revenue.
Thousands of Argentines are flocking to a remote stretch of Patagonia, seeking work with only backpacks, tents and the hope that they and their country can turn around their fortunes.
Treasury Secretary Scott Bessent said last week that countries that continue to do business with Iran would face the “full might and force” of the U.S. government.
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.
Times reporters who cover the war, diplomacy, energy and the broader Middle East are joining our “Ask a Correspondent” feature as the conflict nears the six-month mark. Let us know what’s on your mind.
Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial.
A U.S. oil company says it could be on the verge of a major discovery in Greenland. The proposal comes at a tricky time for the Arctic island, and locals are lining up against it.
The spill of Russian crude bound for India compounds the environmental damage from spills in and around the Strait of Hormuz, where tankers and oil facilities have come under attack.
With gas prices high, people in developing countries are lining up to buy battery-powered bikes. We took a spin around Lahore, Pakistan, on a small-but-mighty one.
Environmentalists and others warned at a hearing on Monday that the Trump administration’s attempt to strip power from California’s coastal protection agency would endanger the shoreline.
Saudi Arabia has not commented on the claims by the Houthis, who are backed by Iran and have vowed to close “all access routes” to Saudi oil shipments.
Brig. Gen. Yahya Saree, a Houthi military spokesman, in a still from a televised message the group released on Wednesday. The Houthis claim to have attacked eight ships linked to Saudi Arabia since they declared a blockade on Saudi shipping last month.
A changing climate is helping to fuel the growth of a gigantic blob of foul-smelling seaweed that has washed up in some coastal communities. Mexico is fighting back.
Qatar said that draft language of a deal was being circulated, while Secretary of State Marco Rubio expressed optimism about the talks but added that nothing was final yet.
President Trump cited progress in the negotiations when canceling a threatened attack on Iran over the weekend. Iran said there were no current talks with the United States.
President Trump has repeatedly threatened to escalate the war with Iran, only to abruptly back down. Saudi Arabia said its leader had urged Mr. Trump not to renew attacks.
Mourners on Wednesday carried a coffin draped in the Iranian flag during a funeral for those killed in airstrikes on bases belonging to Iraq’s Popular Mobilization Forces in Mosul, Iraq.
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