The U.S. is preparing to launch its most aggressive financial assault on Iran yet, as Treasury Secretary Scott Bessent prepares to unveil sweeping sanctions — just as Iran warns it may shut down all Gulf oil exports and demand permission for ships passing through the Strait of Hormuz. Amid escalating economic pressure, Pakistan’s army chief visits Tehran to bolster regional stability, while Oman’s foreign minister heads to Iran to help de-escalate tensions. With Iran’s economy already reeling from inflation and currency collapse, and thousands dead across the region, the world watches nervously as Washington expands its economic warfare to nations seen as aiding Tehran — and Iran vows to retaliate with both economic and military force if pushed further.
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