Iranian economy

US Treasury Secretary Bessent says 'F*** the Iranian leaders,' confirms move to military base

"I'm not going to be cowered by the death threats they have made against me. The other Cabinet members won't be cowered either," he added.

US Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, DC, US, August 24, 2026.
An Iranian woman walks next to an anti-Israeli mural on a street in Tehran, Iran, May 18, 2026.

Iran economy faces 25% deeper contraction amid soaring inflation, major employment crisis

Vessels near the Strait of Hormuz, as seen from Musandam, Oman, August 31, 2026.

Iran's floating oil reserves, used for China sales, completely depleted, analysts say - report

An oil tanker docked at the Port of Fujairah, as the US-Israel conflict with Iran limits marine traffic in the Strait of Hormuz, in Fujairah, United Arab Emirates, May 6, 2026.

Iran manages to ship some gas, jet fuel despite US blockade, sanctions, data shows


Iran's Central Bank chief says regime has enough foreign currency despite US sanctions, blockade

The central bank was ready to inject up to $2 billion into the foreign exchange market to calm recent volatility, while the Iranian rials plunged to a record low in August.

An Aqeeq (agate) ring is pictured next to Iraqi dinar and US dollar banknotes are laid out on a table as members of the Shia Muslim community arrive at a centre in Iraq's southern city of Basra accepting charity donations to aid people affected by the ongoing war in Iran and Lebanon.

Iranians protesting unfair employment, economy brutalized by security forces, rights group says

The Human Rights Activists’ News Agency reported that young protesters began demonstrating over allegations of unethical hiring practices at the Lishtar refinery project.

FILE PHOTO: People walk on the beach, with vessels in the Strait of Hormuz visible near the beach of Bandar Abbas, Iran, May 22, 2026.

Bessent expects new US secondary sanctions weekly, aiming to increase pressure on Iran

"You're going to see a lot more of these every week," Bessent said ahead of a Group of 20 finance leaders meeting. "We're starting with the banks, and we're telling the banks it's not okay to have Ir

US Treasury Secretary Scott Bessent stands behind U.S. President Donald Trump who speaks to the media on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Iran’s Strait of Hormuz trump card is losing strategic value, expert tells 'Post' - interview

Although 14 to 15 million barrels of oil passed through Hormuz per day before the war, an expert told the Post that it was entirely possible to manage without much of that supply.

Lightning occurs when META 4, an Oil Products Tanker, sails into Muscat Anchorage on March 21, 2026 at Sultan Qaboos Port in Muscat, Oman.President Donald Trump had threatened to attack Iran's energy infrastructure if it did not end its de facto blockade of the Strait of Hormuz by March 23.

Strategy or physical withdrawal: What does Washington’s shift from airstrikes to sanctions signify?

Despite the apparent success of the US’s blockade and sanctions campaign, Iranian officials have repeatedly expressed that they would not falter in maintaining control over the Strait of Hormuz.

US President Donald Trump reacts as he speaks to the media with US Treasury Secretary Scott Bessent behind him, on the day of a NATO leaders' summit in Ankara, Turkey, July 8, 2026.

Several oil companies to avoid using ships on Iran's blacklist over security concerns, sources say

"We will avoid our chartered vessels dealing in STS or anything to do with non-compliant ships for Middle Eastern cargoes," said one of the sources, who works at an Indian refinery.

Drone view of oil tanker HELGA berthed at one of Iraq's southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026.

US offers $10 million reward for information on senior IRGC leaders, including one killed in April

The US State Department's Rewards for Justice offered a bounty of up to $10m. for information on five IRGC leaders, including Majid Khademi, who was killed by an Israeli strike in April.

IRGC intelligence chief Majid Khademi pictured in February 2026.

Pakistan says army chief held talks with Iran focused on preventing further escalation in MidEast

Pakistan's army chief Asim Munir discussed regional peace and ways to reach a negotiated settlement to disputes, the statement added.

IRANIAN PRESIDENT Masoud Pezeshkian meets with chief of Defence Forces of Pakistan, Field Marshal Asim Munir, in Tehran, Iran, May 23, 2026.

US State Dept. sanctions Iranian military activities, fuel export in Operation Economic Outcast

Sanctions targeted Iranian individuals and companies that facilitated the trade of petroleum and petrochemical products with Iran or supported military action against US forces.

US Secretary of State Marco Rubio delivers remarks at the start of a ministerial meeting on political violence, at the State Department in Washington, DC, US, July 16, 2026.

Treasury Secretary Bessent says US entering 'endgame' with Iran, will sever economic lifelines

"Any remaining tie to Tehran will hasten the economic ostracism of countries and entities, whether that tie be purposefully constructed or wilfully ignored."

US Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, DC, US, August 20, 2026.