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View all search resultsUS Treasury Secretary Scott Bessent will hold a press conference at 2 p.m. Eastern time on Monday amid promises to reveal "the toughest sanctions in history" on Iran while also urging China to cooperate with Washington.
US President Donald Trump warned of economic consequences against any country that provided "any type of lifeline to Iran" as the US looks to resolve a war it began alongside Israel nearly six months ago.
Iran has fired back at US President Donald Trump's claim that he would soon declare the Strait of Hormuz part of US territory, saying the crucial energy waterway it has blockaded "will remain Iranian".
Iran remains under sweeping US and international sanctions, and it has yet to reach a peace deal to end the current conflict with the US and Israel, giving Tehran added incentive to seek alternative financial channels outside the dollar system.
US President Donald Trump on Monday responded to Iran's conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the Strait of Hormuz.
The two men were arrested over online comments about the President's controversial remark on Iran’s nuclear capability, which the police allege breach certain provisions on provocation and incitement in the ITE Law.
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