World


US Treasury Secretary Scott Bessent says Washington seized nearly USD $1bn worth of Iranian assets in cryptocurrency

Washington, May 30 (UNI) US Treasury Secretary Scott Bessent said that Washington has seized almost US
1 billion worth of Iranian assets in cryptocurrency, describing the move as part of an escalating economic campaign by Washington, geared towards cutting off all of Tehran's access to international finance.
Speaking during the Reagan National Economic Forum on Friday, Bessent said the Trump administration's sanctions drive, dubbed "Operation Economic Fury", had sharply increased pressure on Iran following weeks of military confrontation and economic restrictions.
More News

US Navy urges vessels to use southern corridor to traverse Strait of Hormuz, refutes Iran's authority over international waterway

10 Jul 2026 | 6:21 PM

Washington, Jul 10 (UNI) The US Navy has continued to urge commercial vessels to use the southern shipping corridor through the Strait of Hormuz despite recent Iranian attacks on ships using the route and repeated warnings from Tehran that vessels should instead transit via a northern passage close to Iran's coastline.

see more..

Iranian FM Abbas Araghchi holds talks with regional mediators post flare up with US

10 Jul 2026 | 5:25 PM

Tehran, Jul 10 (UNI) Iranian Foreign Minister Abbas Araghchi held a series of calls with senior regional officials on Thursday as Tehran intensified diplomatic efforts following this week's sharp military escalation with the US.

see more..

Regional mediators intensify diplomatic efforts to renew negotiations between US-Iran after flaring tensions

10 Jul 2026 | 5:12 PM

Washington/Tehran, Jul 10 (UNI) Amid flaring tensions between the US and Iran, regional mediators have intensified their diplomatic efforts to prevent the total collapse of talks between the two nations and revive negotiations on a nuclear settlement, post the recent military clashes between Washington and Tehran.

see more..

International shipping via Strait of Hormuz declines rapidly post renewed US-Iran clashes

09 Jul 2026 | 10:42 PM

Tehran, Jul 9 (UNI) Global shipping through the Strait of Hormuz has declined sharply following a fresh round of US strikes on Iranian coastal targets.

see more..

Iranian oil tankers rapidly accelerate exports through Strait of Hormuz amid threats by US to renew naval blockade

09 Jul 2026 | 9:22 PM

Tehran, Jul 9 (UNI) Intensifying attacks in the Persian Gulf have led Iran to dramatically accelerate its oil exports through the Strait of Hormuz overnight amid threats by the US to renew its naval blockade of Iranian ports.

see more..