World News Today Live Updates: Iran says it blacklisted 45 tankers for Hormuz ‘violations’
The US’s ‘Operation Economic Outcast’ is aimed at blocking all revenue sources for Iran. (Photo: AP/Reuters)
Escalating its threats over the Strait of Hormuz six months into the war, Iran recently said it blacklisted 45 tankers that violated the rules for crossing the crucial waterway. Iran added that action could be taken against any vessel transferring loads with them. The named vessels could be fined, detained and have their cargoes confiscated, according to an X post late on Sunday from the Persian Gulf Strait Authority
The US military Tuesday attacked a boat suspected of being used in drug smuggling in the Caribbean Sea, killing four, as the Trump administration continues its crackdown on alleged traffickers in Latin America.
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US President Donald Trump has submitted an agreement with Saudi Arabia — aimed at strengthening the kingdom’s civilian nuclear programme– to Congress for review, but insisted that it would not go ahead if Saudi Arabia does not normalise relations with Israel, a Trump administration official said.
Top developments
– US Treasury Secretary Scott Bessent has announced ‘Operation Economic Outcast’, involving new sanctions that block all potential sources of revenue for Iran.
– Under the above programme, the US has sanctioned four India-based companies for importing petroleum and petrochemical products from Iran.
– The “economic onslaught” that Bessent has declared on Iran’s financial connections across the globe may have one major caveat, says China.
– The Trump administration in the US has issued a pause on visa appointments for applicants around the world amid an ongoing immigration crackdown by the country.
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