Tag: economic_sanctions

US Treasury Imposes New Sanctions on Iranian Military Oil Network

28 May 2026 4:03 p.m. · Source: US Treasury

The US Treasury has sanctioned five Hong Kong-based companies for facilitating Iran's military oil sales, aiming to cut off funding for its armed forces and reduce threats to regional stability.

Politics and Government Business Conflict Federal Government Economy Middle East Asia Military Iran US Treasury Economic Sanctions Oil Trade OFAC Hong Kong
Hormuz Mine Clearance Could Take Six Months Amid Ongoing Iran Conflict, Pentagon Warns

23 Apr 2026 7:59 a.m. · Source: Foundation for Defense of Democracies

Pentagon estimates six months to clear Hormuz mines post-Iran conflict. U.S. escalates economic pressure, while Iran faces internal dissent and economic crisis amid ongoing hostilities.

Politics and Government World Science & Technology Defense Strait of Hormuz Iran Pentagon Mines Economic Sanctions Ceasefire Foundation for Defense of Democracies