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News in English (USA) / 26.08.2026 / 08:00

US Unveils New Economic Sanctions on Iran Amid Rising Tensions

In a significant shift in its approach, the US is moving from military strikes to economic sanctions against Iran, with experts suggesting the measures indicate a sense of desperation from the Trump administration. The new sanctions aim to isolate Iran by targeting its key trading partners, particularly concerning its oil trade with China. Oil prices have seen a decline following this pivot, raising concerns over economic repercussions. Iran has vowed to resist the sanctions and retaliate, escalating fears of a potential conflict. The US government, including officials like Marco Rubio and Scott Bessent, is pressing allies to join in on these measures, fearing that without political solutions, the sanctions alone may not yield results. As tensions mount, the stability of the Iranian Rial has come into question, with reports indicating it has hit record lows amid the newly introduced pressures.
Al Jazeera, Axios, The New York Times, The Washington Post, CNN, BBC, CNBC, The Atlantic, Fox News, Reuters