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01:45 Saudi Arabia Intercepts Iraqi Militia Drones Targeting Oil Facilities · 00:16 Drone Attack Hits Erbil as Iranian-Backed Groups Strike During Pause · 00:15 Explosions Reported in Erbil as Iran Pause Holds · 20:46 Saudi Arabia Intercepts Drone Strikes from Iran-Backed Groups · 14:46 US Casualties in Iran War Surpass 600 Killed and Wounded · 12:15 Israeli Forces Launch Incursion Into Syria's Quneitra as Iran Deadline Looms · 11:45 CENTCOM Chief Recommends Halting Hormuz Bombing — Strikes 'At Limit of Effectiveness' · 03:15 Iranian-Linked Drone Strikes Near US Military Base as Thursday Deadline Looms · 01:15 Oil Drops Over 5% as US Strike Pause Cuts War Premium · 15:15 Oil Tanker Hits Sea Mine in Hormuz Strait, Explodes — Iranian Media ·
Tue · 28 Jul 2026

US Issues Fresh Iran Sanctions as Gulf War Escalates

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US Issues Fresh Iran Sanctions as Gulf War Escalates

💰 SANCTIONS — New Iran penalties land while Gulf states are already at war. 📌 LOOK CLOSER: Fresh US sanctions mid-active-war aren't deterrence — they're economic siege. With oil licenses revoked July 7 and Hormuz choked, new measures target whatever revenue Tehran still accesses. The timing keeps Congress's hawk coalition aligned while CENTCOM runs strikes. For mediators in Ankara and Doha, sanctions narrow Iran's incentive to negotiate rather than outlast.