US vows economic isolation for Iran; UAE condemns ADNOC vessel attacks
US vows Iran will face ‘unprecedented’ economic isolation US Treasury Secretary Scott Bessent threatened to subject Iran to economic isolation "like the world has never seen before," adding that new measures are expected next week. "It will be a combination of economic isolation, like the world has never seen before," Bessent told conservative television network Newsmax, adding that "the…
U.S. Treasury Secretary Scott Bessent warned that Iran will experience unprecedented economic isolation, with new measures expected soon. This isolation will include a blockade in the Strait of Hormuz, preventing goods from entering or leaving Iranian ports. Meanwhile, the Pakistan government increased petrol and HSD prices, with petrol rising to Rs 325.43 per litre and HSD to Rs 383.95 per litre.
The Saudi-led maritime defence coalition, comprising 39 countries, is preparing for operational deployment, moving from design to integration. Two ADNOC vessels were attacked in the Strait of Hormuz, causing no injuries, and the incident has been contained. The U.S. Navy is deploying the aircraft carrier USS George Washington to the Middle East to relieve the USS Abraham Lincoln, which has been at sea for over eight months.
Lastly, President Trump announced tariffs of up to 100% on imported drones to reduce U.S. reliance on Chinese imports.
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