Iran vows retaliation after widened US sanctions

Iran threatened to retaliate after the Trump administration on Monday unveiled a new effort to isolate the Islamic Republic from the global economy and ramp up pressure to bring the nearly six-month-long war to a close and reopen the Strait of Hormuz. Treasury Secretary Scott Bessent shared few details about “Operation Economic Outcast” in highly...

Iran threatened to retaliate after the Trump administration on Monday unveiled a new effort to isolate the Islamic Republic from the global economy and ramp up pressure to bring the nearly six-month-long war to a close and reopen the Strait of Hormuz. Treasury Secretary Scott Bessent shared few details about “Operation Economic Outcast” in highly...