Iran-US war live: Tehran warns countries against joining US ‘economic D-Day’
Iran has a 2-year plan to withstand US sanctions, Tehran warns countries against joining the US 'economic D-Day' campaign, while the US continues to pressure global partners to cut ties with Iran. The Strait of Hormuz remains closed despite an Oman deal. The US has initiated a sweeping sanctions campaign targeting nearly 60 Iranian entities.
What changed
Iran revealed a 2-year plan to withstand US sanctions, and Tehran warned countries against joining the US economic pressure campaign.
Live updates
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Iran warns countries against joining US economic sanctions
Iran has a 2-year plan to withstand US sanctions, Tehran warns countries against joining the US 'economic D-Day' campaign, while the US continues to pressure global partners to cut ties with Iran. The Strait of Hormuz remains closed despite an Oman deal. The US has initiated a sweeping sanctions campaign targeting nearly 60 Iranian entities.
Why it matters
The US-Iran conflict escalated with the US imposing sanctions on Iranian entities, aiming to sever Tehran's economic lifelines. Iran has responded with threats and shown resilience. The situation remains volatile, with global implications for oil markets and international relations.
What is confirmed
- Iran has a 2-year plan to withstand Trump 'Economic D-Day' sanctions
- The US has initiated a sweeping sanctions campaign targeting nearly 60 Iranian entities
- The Strait of Hormuz remains closed despite an Oman deal
Still unconfirmed
- Iran's Supreme Leader Mojtaba Khamenei's health has been a concern since the war
What to watch next
- Iran's ability to withstand US sanctions over the next 2 years
- The US military response to Iran's actions in the Strait of Hormuz
- Global partners' decisions on whether to cut ties with Iran
confidence 85%Sources used for this update (4)
- www.foxnews.com — Iran says it has '2-year' plan to withstand Trump 'Economic D-Day' sanctions
- timesofindia.indiatimes.com — US Iran War News Live Updates: Iran keeps Hormuz closed despite Oman deal; Trump warns of military response
- news24online.com — Iran shares rare undated video of Supreme Leader Mojtaba Khamenei, his voice heard for the first time amid health concerns since war
- www.yahoo.com — Family of Beltline stabbing suspect calls for system change
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US launches "economic D-Day" sanctions against Iran
The United States has initiated a sweeping sanctions campaign targeting nearly 60 Iranian entities to sever Tehran's remaining economic lifelines. Treasury Secretary Scott Bessent urged other nations to join the pressure campaign, while the Trump administration warned global partners to cut ties with Iran or face consequences. Simultaneously, Iran's state broadcaster reports that over 50 of its facilities were hit during a 40-day conflict, including heavy damage to the Glass Building. The US also canceled a joint drill with South Korea following an Iranian war snub.
Why it matters
This escalation follows months of military confrontation and ongoing disputes over the Strait of Hormuz. The US is utilizing financial warfare to isolate Tehran, while Iran has previously threatened to target the interests of countries joining the US effort.
What is confirmed
- The US launched an "economic D-Day" sanctions campaign targeting nearly 60 entities.
- Treasury Secretary Scott Bessent stated Washington aims to cut off Iran's remaining economic lifelines.
- The US warned other nations to cut economic ties with Tehran or face consequences.
- The US canceled a joint drill with South Korea.
Still unconfirmed
- IRIB chief Peyman Jebelli claims more than 50 broadcaster facilities were targeted during a 40-day conflict.
- The landmark Glass Building suffered heavier damage than in last year's war.
What to watch next
- Confirmation of which specific nations will face penalties for continuing trade with Iran
- Iranian military or diplomatic response to the sanctions launch
- Updates on the status of the Strait of Hormuz shipping lanes
confidence 90%Sources used for this update (5)
- timesofindia.indiatimes.com — US Iran War News Live Updates: US cancels South Korea joint drill after Iran war snub
- www.timesnownews.com — US-Iran War Live Updates: US Unleashes New Sanctions on Iran, Warns Nations Engaging Economically With Tehran of Consequences
- www.cnn.com — Iran defiant as US vows ‘economic D-Day’ penalties on nations doing business with Tehran
- www.trtworld.com — Iran state broadcaster says more than 50 of its facilities hit in US-Israel war
- news24online.com — US launches ‘economic D-Day’ against Iran: Trump administration expands sanctions, warns allies to cut Tehran ties or face action
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US Treasury to unveil 'economic D-Day' sanctions as Iran restricts Hormuz passage
US Treasury Secretary Scott Bessent is scheduled to announce a massive sanctions campaign against Tehran at 1pm EDT today, describing it as the greatest financial offensive ever marshalled against an adversary. In response, Iran has warned neighboring countries that joining the US economic war will result in their interests being targeted. While Tehran continues to dispute the status of the Strait of Hormuz, it has granted specific permission for several Iraqi oil tankers to pass through the waterway. The Iranian rial has fallen to a record low amid these tensions.
Why it matters
The conflict centers on a standoff over the Strait of Hormuz, a critical global oil transit point. Washington maintains the waterway is open, while Tehran insists it will not fully reopen until US demands are met. Regional instability is further compounded by Houthi strikes and violence in Gaza.
What is confirmed
- Treasury Secretary Scott Bessent described the upcoming sanctions as the greatest financial offensive ever marshalled against an adversary.
- Iran has allowed several Iraqi oil tankers to pass through the Strait of Hormuz.
- The Iranian rial has dropped to a record low.
- The Iranian parliament is advancing a draft law requiring ships permitted to pass through the Strait of Hormuz to pay for services.
Still unconfirmed
- Some oil companies have developed tactics to pass through the Strait of Hormuz undetected.
- Gulf states hosting US bases backed an attack and may face legal action from Iran.
What to watch next
- The 1pm EDT press conference by Scott Bessent regarding new sanctions
- The official passage of the Iranian parliament's Hormuz service fee law
confidence 90%Sources used for this update (15)
- timesofindia.indiatimes.com — US Iran War News Live Updates: US Iran War | Iran says Gulf states hosting US bases backed attack, may pursue legal action
- www.timesnownews.com — US-Iran War Live Updates: 'We Had No Choice, And I Would've Done It Again 100 Times' - Trump's Fresh Warning To Iran
- Reuters — Iran grants permission for a number of Iraqi oil tankers to pass through Hormuz
- Anadolu Ajansı — Iraqi president says some oil tankers being facilitated through Strait of Hormuz
- France 24 — Middle East live: Iran allows several Iraqi oil tankers to pass through Hormuz strait
- The Independent — Iran-US war live: Tehran allows Iraqi tankers through Hormuz
- Al Jazeera — Iran grants permission for some Iraqi oil tankers to pass through Hormuz
- www.cnn.com — Iran vows to ‘neutralize’ economic war and issues fresh Strait of Hormuz warning
- www.aljazeera.com — Iran war live: Tehran warns neighbours against joining US economic war
- consent.yahoo.com — Iran's president defends U.S. memorandum of understanding as best path forward
- economictimes.indiatimes.com — Iran warns US of 'seismic' retaliation as Trump prepares for Tehran’s ‘economic D-day’
- www.aljazeera.com — Iran war live: Iranian parliament advances plans for Hormuz service fees