WAR ON IRAN
1 min read
US vows 'economic D-Day'; Tehran threatens Gulf oil exports
Here's a look at some of the recent developments on US-Iran tension:
US vows 'economic D-Day'; Tehran threatens Gulf oil exports
Graphic Artist: Busra Ozturk, Producer: Nurdan Erdogan Gokhan
  • US "Economic D-Day": Treasury Secretary Scott Bessent announced an unprecedented financial offensive to completely sever Iran's global economic lifelines

  • Trump on X: ‘Iran’s military capabilities and nuclear programme largely dismantled

  • Tehran retaliates: Security chief Mohsen Rezaei warned that if Trump’s ‘economic war’ continues, Iran will halt all Gulf oil exports and treat support for US sanctions as ‘an act of war’

  • Strait of Hormuz fee: An Iranian parliamentary committee advanced a draft law to charge commercial ships navigation, security, and environmental service fees

  • Strait of Hormuz commercial traffic remains roughly 80% below pre-war levels over recent days (UKMTO)