Iranian president says time to end war with US from ‘position of strength’
The United States has introduced new sanctions targeting Iranian revenue sources in an effort to collapse the Iranian economy. Treasury Secretary Scott Bessent announced these measures on Monday. In response to escalating tensions, Iran approved a plan to charge service fees to ships from authorized countries transiting the Strait of Hormuz. These developments occur while discussions regarding a broader peace deal and the security of the Strait continue. President Masoud Pezeshkian previously stated that Iran is engaged in a full-scale military, security, and economic war with the US.
What changed
The US implemented new sanctions and Iran established service fees for authorized ships in the Strait of Hormuz.
Live updates
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US launches "economic onslaught" sanctions as Iran taxes Hormuz transit
The United States has introduced new sanctions targeting Iranian revenue sources in an effort to collapse the Iranian economy. Treasury Secretary Scott Bessent announced these measures on Monday. In response to escalating tensions, Iran approved a plan to charge service fees to ships from authorized countries transiting the Strait of Hormuz. These developments occur while discussions regarding a broader peace deal and the security of the Strait continue. President Masoud Pezeshkian previously stated that Iran is engaged in a full-scale military, security, and economic war with the US.
Why it matters
The US is utilizing aggressive economic pressure to force concessions from Tehran. Iran has responded by leveraging its geographic control over the Strait of Hormuz to generate revenue and assert authority. This standoff follows Pezeshkian's admission that intensified US pressure has created many problems for Iran.
What is confirmed
- Treasury Secretary Scott Bessent announced the United States will impose punishing sanctions on countries, companies, and financial entities.
- Iran approved a plan to charge ships from countries it allows to pass through the Strait of Hormuz for services provided by Tehran.
Still unconfirmed
- Donald Trump claims Iran is collapsing.
- Mossad chief Roman Gofman removed two senior officials following a reported failed Iran regime-change plan.
What to watch next
- Outcomes of ongoing talks regarding a wider peace deal
- The specific list of countries and companies targeted by the new US sanctions
- Implementation details and fee structures for Iranian authorized ship transit
confidence 90%Sources used for this update (6)
- jen.jiji.com — Child dead in Palermo, Higher Institute of Health: "Sample positive for diphtheria bacterium"
- www.hindustantimes.com — US announces new Iran sanctions in 'economic onslaught,' aims to cut off Tehran's revenue sources
- atlantablackstar.com — ‘Nobody’s Afraid of Him’: Trump Feels Walls Closing In and Goes Rogue With ‘Economic D-Day’ as Iran Standoff Spirals
- www.israeltoday.co.il — ‘An organization like Mossad must think big’
- malaysia.news.yahoo.com — In Haitin, dozens die in gang coalition attack on a farming community
- indiashippingnews.com — Iran approves service fees for ‘Authorised’ ships transiting Strait of Hormuz
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Pezeshkian admits Iranian problems amid full-scale war with US
President Masoud Pezeshkian describes Iran as being in a full-scale military, security, and economic war with the United States. While Pezeshkian previously signaled a readiness to end the conflict from a position of strength, he admitted Sunday that the country faces "many problems" following an intensified US economic pressure campaign. Tehran continues to warn other nations against joining the US economic war, while some oil companies are utilizing new tactics to move tankers through the Strait of Hormuz undetected.
Why it matters
Iran is attempting to balance a diplomatic desire to end hostilities with a domestic strategy of resisting US sanctions. The government is simultaneously tightening internal controls by proposing a bill that would criminalize contact with foreign media and institutions.
What is confirmed
- President Masoud Pezeshkian stated Iran is in a full-scale economic, military, and security war.
- Pezeshkian admitted on Sunday that Iran faces "many problems" following a new wave of US sanctions.
Still unconfirmed
- A new Iranian bill may impose penalties for contacts with foreign-based media and institutions.
What to watch next
- Official response from the US regarding Pezeshkian's admission of domestic problems
- Legislative progress on the Iranian bill restricting foreign contacts
- Changes in oil tanker traffic patterns in the Strait of Hormuz
confidence 90%Sources used for this update (7)
- www.cnn.com — Iran vows to ‘neutralize’ economic war and issues fresh Strait of Hormuz warning
- consent.yahoo.com — Iran's president defends U.S. memorandum of understanding as best path forward
- www.sbs.com.au — Volodymyr Zelenskyy says a wartime presidential election would 'destroy the country' | Morning News Bulletin 24 August 2026
- www.tag24.com — Iran president admits country is facing "many problems" after new wave of US sanctions
- en.tempo.co — Iran's Pezeshkian Says Tehran Is in a 'Full-Scale War'
- en.tempo.co — In Iran, Contact with Foreigners Could Soon Be a Crime
- www.bostonglobe.com — MAGA is ending. In conservative circles, the debate over what comes next is heating up.
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Iranian President seeks end to war with US from "position of strength"
President Masoud Pezeshkian stated Friday that Iran is ready to end its months-long war with the United States. Pezeshkian argues Tehran enters potential negotiations from a position of strength despite ongoing military and economic confrontations. Iranian officials claim the world has approved their victory over the US, while top politicians urge an end to the conflict. This diplomatic signal has had little impact on oil prices. Simultaneously, Iran is warning other nations against participating in the US-led economic war.
Why it matters
The conflict involves escalating economic pressure from Washington and military confrontation. Iran has doubled its production of defense equipment and weapons over the last year to maintain its strategic standing. Internal stability remains a concern as the regime faces economic collapse and domestic opposition.
What is confirmed
- President Masoud Pezeshkian said Friday it was time to end the months-long war with the United States.
- Iranian officials claim the world has accepted that Iran defeated the US.
- Top Iranian politicians are urging an end to the war.
- Oil prices remained largely unchanged following the president's comments.
Still unconfirmed
- Iran executed a 21-year-old protester amid internal crises and economic collapse.
What to watch next
- Response from the US administration regarding negotiation terms
- Changes in oil price volatility linked to diplomatic talks
- Further warnings from Tehran to third-party countries regarding US sanctions
confidence 90%Sources used for this update (9)
- Al Jazeera — Iranian president says time to end war with US from ‘position of strength’
- AP News — Iran says the world has accepted it has defeated the US, and other Middle East developments
- WSJ — Iran’s Top Politicians Urge an End to the War
- The Hill — Iran says ‘world approved our victory’ over the US
- CNBC — Oil prices are little changed after Iran's president indicates Tehran wants war to end soon
- en.tempo.co — Iran Warns Countries Against Joining US 'Economic War'
- theasialive.com — Iran Says It Is Ready to End War With US From Position of Strength as Washington Escalates Economic Pressure
- en.tempo.co — Iran Doubles Weapons, Defense Equipment Production in One Year
- www.express.co.uk — Iran’s execution machine kills 21-year-old protester as regime faces crisis on every front