Sanctions and economy reporting on Iran — new designations and relief, oil exports and shipping, banking restrictions, and the effect on the rial and daily prices — collected from independent English-language outlets.
TEHRAN (Tasnim) – Iran’s Foreign Ministry condemned the US’ new wave of economic restrictions against Iran, dubbed “Operation Economic Outcast”, as a form of state terrorism, warning all countries against complying with the hostile measures.
Iran presses other countries to refrain from implementing US sanctions Iran’s Foreign Ministry said all countries were obliged to refrain from implementing US sanctions against Tehran, adding that participation in them amounted to complicity in imposing one state’s unlawful will on independent states. In a statement published on its X account on Friday, the ministry described new US economic measures as illegal and reprehensible "state terrorism" and a crime against humanity, saying they put the health and livelihoods of millions of civilians at serious risk. It called on the international community to uphold the rule of law and said Tehran would use all its capabilities to defend itself against what it called a combined US-Israeli military and economic assault.
Persian Gulf states are accelerating billions of dollars in investment in ports, pipelines and railways to reduce their dependence on the Strait of Hormuz after months of disruption during the Iran war, Reuters reported Friday.
Oil companies and governments are consuming their once vast stockpiles as Iran and the United States continue to struggle for control over the Strait of Hormuz.
US Treasury Secretary says blockade on Iran will 'crush failing Iranian economy' US Treasury Secretary Scott Bessent said that Washington's blockade of Iranian ports will destroy the country's economy. "The Blockade and Operation Economic Outcast will crush the failing Iranian economy," Bessent said in a post on X, claiming that the US helped move 130 millions barrels of oil through the Gulf over the past two weeks. The Blockade and Operation Economic Outcast will crush the failing Iranian economy.
Shipping traffic via Hormuz Strait dips to five on Thursday Five commodity vessels transited the Strait of Hormuz on Thursday, preliminary shipping data from Kpler showed on Friday. This shows a drop down from 17 a day earlier and is also below the 10-day average of 15. Among the five vessels that transited were two medium-range tankers and a very large gas carrier.
The bloc saw oil and natural gas prices soar after it drastically reduced Russian imports over the Ukraine conflict European Commission President Ursula von der Leyen has acknowledged that the loss of cheap energy imports has dealt a blow to the EU economy and that the bloc now faces prices far above those of its main competitors.
Iran will target US economic interests if Washington maintains its maritime blockade, Supreme National Security Council Secretary Mohsen Rezaei said Thursday, as the Trump administration steps up efforts to tighten Iran’s economic isolation.
Iranian official warns to hit US economic interests with 'intensity and force' if maritime blockade continues Iran’s Supreme National Security Council Secretary warned that Tehran will US economic interests if the maritime blockade against the country continues. "If the blockade continues, we will target US economic interests fully and with intensity and force," Mohsen Rezaei said.
As Washington targets the financial and trading networks Iran has used to withstand years of sanctions, economists and analysts in Tehran are debating how much more economic hardship the country can absorb to survive a prolonged economic war.
US-hosted G20 finance meeting to push Iran sanctions The Trump administration aims to have finance leaders from the Group of 20 major economies agree next week on steps to boost economic growth, reduce global imbalances and tackle sovereign debt challenges while pressing them to cut off Iran's economic lifelines, a senior US Treasury official said on Thursday. US Treasury Secretary Scott Bessent will host G20 finance ministers and central bank governors on Monday and Tuesday in the Blue Ridge Mountains city of Asheville, North Carolina, following his announcement of an "economic D-Day" of sanctions on Iran this week.
Trump hints US could sanction Chinese banks over Iran links US President Donald Trump hinted on Thursday that his administration may be preparing sanctions targeting Chinese banks over their links to Iran. Asked by reporters at the Oval Office why he hasn't sanctioned Chinese banks over such transactions, Trump responded "who said I'm not? " "You don't know if I'm doing it.
After an inconclusive military campaign, Washington is leaning on the dollar because coercion now costs less than another failed air war The US has announced Operation Economic Outcast, which it calls "an unprecedented, whole-of-government, economic campaign against the Islamic Republic of Iran" and compares to D-Day in its effort to end "the Iranian threat.
After an inconclusive military campaign, Washington is leaning on the dollar because coercion now costs less than another failed air war The US has announced Operation Economic Outcast, which it calls "an unprecedented, whole-of-government, economic campaign against the Islamic Republic of Iran" and
How will Iran respond to Trump's 'economic D-Day'? Submitted by Shahir Shahidsaless on Wed, 08/26/2026 - 20:10 By steadily narrowing Tehran's options, Washington could eventually make escalation appear less a choice than a necessity Iran's President Masoud Pezeshkian attends a news conference in the capital Tehran, on 8 August 2026 (Iranian Presidential Office/AFP) Off After days of intense buildup, the Trump administration has unveiled what it calls “economic D-Day” against Iran . US Treasury Secretary Bessent vowed the toughest sanctions campaign in history , following President Donald Trump’s threat to “crush” Iran with economic warfare “on an unprecedented scale” unless Tehran surrendered to Washington’s demands.
Pakistan rejects US sanctions on Iran Pakistan says it will not comply with Washington’s sanctions against Iran, arguing that the unilateral measures have no basis in international law. Foreign Ministry spokesperson Taher Andarab told reporters in Islamabad on Thursday that dialogue should resolve disputes between countries. US Treasury Secretary Scott Bessent unveiled further sanctions on Iran on Monday as the Trump administration intensifies economic pressure on Tehran to extract concessions.
Iran will defeat enemy in ‘full-scale economic war’, Ghalibaf says Iranian Parliament Speaker Mohammad Bagher Ghalibaf has described the pressure facing the country as “a full-scale economic war”. Ghalibaf said Iran “will defeat the enemy in this field as well”, according to the official IRNA news agency.
Bank Melli Iran's branch in Hamburg remains open despite EU sanctions that Germany says apply to the Iranian state-owned bank's German operation, as Washington steps up pressure for its foreign branches to be closed.
Shops are cutting prices and offering installment payments as household budgets shrink, RT reports from the ground in Tehran Iranian businesses are increasingly turning to discounts and installment payments to keep customers shopping, as sanctions and the economic fallout from the US-Israeli war squ
TEHRAN (Tasnim) – Russia, together with Iran and other countries, will seek to remove sanctions pressure from international affairs, Russian Foreign Ministry spokeswoman Maria Zakharova said.
995 sanctions stories in the last 90 days.
