![\"Vessels](\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/2026-08-25t104944z-2037553553-rc2j5na5s9kv-rtrmadp-3-iran-crisis-hormuz.jpg?c=16x9\")
<\/figure>\n\n\n\n\u2018There is a real danger that Iran will retaliate\u2019 against US sanctions, says analyst<\/p>\n\n\n\n
10:39<\/p>\n\n\n\n
Here’s the latest<\/h2>\n\n\n\n
\u2022 Strait of Hormuz: <\/strong>Iran and Oman outlined a joint proposal to establish a temporary shipping lane<\/a> and launch a demining effort in the critical waterway. <\/strong>Iran\u2019s deputy foreign minister said the yet-to-be-finalized deal would see the closure of a UN-authorized shipping channel that follows the coast of Oman, and that Iran vehemently opposes<\/p>\n\n\n\n \u2022 US pressure: <\/strong>The US Treasury Department has begun its new campaign to tighten sanctions against Iran<\/a>, targeting aviation, shipping, technology, gold and digital assets such as cryptocurrency. Even though the measures target the regime, ordinary Iranians will inevitably be affected.<\/p>\n\n\n\n \u2022 Secondary sanctions: <\/strong>The US is also threatening damaging new sanctions on countries<\/a> that refuse to cut economic ties with Iran \u2014 but has stopped short of actually imposing big new penalties.<\/p>\n\n\n\n \u2022 China\u2019s response: <\/strong>Beijing says the new measures \u201cwill only further intensify tensions\u201d<\/a> and that China\u2019s cooperation with Iran should not be disrupted. Iran claims it is \u201cfully prepared\u201d<\/a> to counter the sanctions.<\/p>\n\n\n\n 5 Posts<\/strong><\/p>\n\n\n\n 46 min ago<\/p>\n\n\n\n <\/a><\/p>\n\n\n\n By Matt Egan<\/a><\/p>\n\n\n\n Iran\u2019s status as an economic outcast is nothing new. It\u2019s been a pariah in the eyes of much of the world for literally decades.<\/p>\n\n\n\n Over the years, the United States has slapped Iran with countless sanctions targeting its banking system, shipping companies, oil industry and military.<\/p>\n\n\n\n That\u2019s why Operation Economic Outcast<\/a>, the highly-anticipated sanctions campaign unveiled by US officials this week, doesn\u2019t pack as much of a punch as the Treasury Department\u2019s \u201cEconomic D-Day\u201d<\/a> rhetoric might suggest.<\/p>\n\n\n\n Years and years of punishing sanctions have limited how much further action the United States can take.<\/p>\n\n\n\n \u201cIt\u2019s hard to know what to make of \u2018Operation Economic Outcast\u2019 because it\u2019s mostly just an announcement that there will be future announcements,\u201d Justin Wolfers, economics professor at the University of Michigan, wrote in his Substack<\/a> newsletter.<\/p>\n\n\n\n Read the full story here.<\/p>\n\n\n\n 1 hr 31 min ago<\/p>\n\n\n\n <\/a><\/p>\n\n\n\n Analysis by Simone McCarthy<\/a><\/p>\n\n\n\n U.S. Treasury Secretary Scott Bessent speaks during a press conference in Washington, DC, on August 24. Evelyn Hockstein\/Reuters<\/p>\n\n\n\n When US Treasury Secretary Scott Bessent unveiled \u201cOperation Economic Outcast,\u201d<\/a> threatening damaging new sanctions on countries that refuse to stop doing business with Iran, he didn\u2019t name the one country that could decide its success or failure: China.<\/p>\n\n\n\nHow to make an outcast out of a pariah<\/h2>\n\n\n\n
![\"Matt](\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/220428153356-matt-egan-profile.jpg?c=16x9&q=h_270,w_480,c_fill\/c_thumb,g_face,w_100,h_100\")
<\/a><\/figure>\n\n\n\nTrump will need China for his new economic war against Iran. Good luck getting Xi on side<\/h2>\n\n\n\n
![\"Simone](\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/220831104523-simone-mccarthy.jpg?c=16x9&q=h_270,w_480,c_fill\/c_thumb,g_face,w_100,h_100\")
<\/a><\/figure>\n\n\n\n![\"U.S.](\"https:\/\/media.cnn.com\/api\/v1\/images\/stellar\/prod\/c-2026-08-24t171956z-1036974373-rc255namyfd4-rtrmadp-3-usa-treasury-bessent.jpg?c=original&q=w_1280,c_fill\")
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