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Treasury Secretary Scott Bessent described the measures as the opening of an all-out financial assault on the Iranian government and its trade partners.
The U.S.-Israel campaign against Iran was billed as the final blow to Tehran’s ‘Axis of Resistance,’ but the alliance though bloodied is unexpectedly resilient.
Since an October ceasefire, Israel has shifted the Yellow Line west, boosting its control from 53% to about 64% of the Gaza Strip.
Hamas confirmed it would begin disarmament, but said it was contingent on Israel halting all attacks in Gaza and fulfilling provisions of the first phase of a ceasefire deal signed in 2025.
Trump’s meetings with Ukrainian President Volodymyr Zelensky and Israeli Prime Minister Benjamin Netanyahu came as the wars in Ukraine and Iran have recently expanded.
Iran fired missiles into Jordan last week, killing three American service members. Jordan’s growing role in the war is prompting uncomfortable conversations for the desert nation’s leaders.
The U.S. war with Iran escalated and global oil prices surged again Thursday as Iran-backed Houthis in Yemen attacked two Saudi oil tankers in the Red Sea.
President Trump railed against “forever wars,” but with hostilities increasing and negotiations at a standstill, there appears no easy exit from the war he launched on Iran.
Iran has targeted American military sites in the gulf after the U.S. launched strikes on several places in Iran and reinstated sanctions on its oil sales.
A peace pact between Lebanon and Israel calls for Hezbollah to give up its arms, but that’s a non-stater for the Lebanese Shiite militant group.
