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WorldUS vows 'economic D-Day' as Iran threatens to halt Gulf oil exports

The United States plans to expand secondary sanctions against entities and countries doing business with Iran, warning that key companies could be cut off from the dollar-based financial system. Iran says it will halt all Gulf oil exports if the “economic war” continues. Commercial shipping through the Strait of Hormuz is nearly at a standstill as the US says it is enforcing a naval blockade.

US sanctionsIranStrait of Hormuzoil exports

CCGTN★★★★★2026-08-24 03:59Original

US vows 'economic D-Day' as Iran threatens to halt Gulf oil exports
US vows 'economic D-Day' as Iran threatens to halt Gulf oil exportsWorld
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