China's need for Iranian oil rules out Strait of Hormuz closure, but sowing 'chaos' as a strategy and sanctions threats will lead Iran to hold hijacked tankers.
Treasury Secretary Janet Yellen is warning of potential global “economic spillovers” from rising tensions in the Middle East as the White House pledged to exact new sanctions against Iran. She spoke out against Iran's "malign and destabilizing activity” on Tuesday as global finance ministers and central bankers are gathering for meetings in Washington this week. The annual gathering of the International Monetary Fund and World Bank is taking place as other ongoing conflicts, including Russia’s...
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against Oceanlink Maritime DMCC as part of an effort to disrupt Iran’s ability to generate revenue
Former National Security Advisor John Bolton has urged Israel to take decisive action against Iran, following a barrage of drone and missile attacks on Saturday night. Bolton criticized President Joe Biden for encouraging Israeli restraint, calling him an “embarrassment to the United States.” “Last night, the Iranians launched 320-plus cruise and ballistic missiles and drones,” […]
Israel has been on heightened alert since an airstrike last week killed two Iranian generals in Syria.
U.S. Treasury Secretary Janet Yellen told reporters on Tuesday that Tehran will be facing new sanctions because of its Saturday attack on Israel. While speaking to reporters at an International Monetary Fund meeting in Washington, the secretary said that "I fully expect that we will take additional sanctions action against Iran in the coming days."
The Congressional Budget Office says immigrants will add $7 trillion to gross domestic product in the next decade and boost tax revenue too.
President Biden said Friday that he expected Iran might attack Israel soon.
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Speaker Mike Johnson, R-La., declared that it was the U.S.’s "biblical admonition" to help and support Israel during a Monday night speech. The House GOP leader was addressing an emergency meeting of Christians United For Israel, convened after Iran’s weekend missile attack on the Middle East American ally. "I'm going to state something that you all know – at this critical moment, the United States must show unwavering strength and support for Israel We have to make certain that the entire world...
Israeli officials said Prime Minister Benjamin Netanyahu's five-member war cabinet favored retaliation in a meeting on Sunday.
Shortly after an airstrike widely attributed to Israel destroyed an Iranian consulate building in Syria, the United States had an urgent message for Iran: We had nothing to do with it. But that may not be enough for the U.S. to avoid retaliation targeting its forces in the region. A