
US launches sweeping economic campaign against Iran amid Strait of Hormuz stalemate
US President Donald Trump announced an unprecedented economic operation against Iran as Tehran threatens neighboring nations and maintains its Strait of Hormuz blockade.
United States President Donald Trump has announced a broad economic campaign against Iran following a stalemate in negotiations, describing it as the "most devastating economic operation" ever launched against a nation. US Treasury Secretary Scott Bessent is scheduled to detail the specific sanctions package on Monday.
In response, Mohsen Rezaei, secretary of Iran's Supreme National Security Council, warned that Tehran will target the interests of neighboring nations that assist Washington's economic measures. Meanwhile, Iranian forces continue their blockade of the strategic Strait of Hormuz. Iranian hardliners are leveraging control over the waterway to demand full execution of June's 14-point memorandum—including complete sanctions relief, unblocking ports, and releasing frozen foreign assets—before restoring passage through the Gulf.
Sources: ANSA, Corriere della Sera, Il Messaggero, La Repubblica


