ABCNEWS (ABC News: Top Stories) - Iran's rial currency hits new record low as US prepares to announce more sanctions
Iran’s currency has hit a record low as Washington prepares to announce new sanctions it said would be an “economic D-Day.”
Iran’s currency has hit a record low as Washington prepares to announce new sanctions it said would be an “economic D-Day.”
The Senate on Friday passed a long-sought bipartisan bill that would impose harsher sanctions on Russia and the top five buyers of Russian oil, along with extending existing sanctions on Iran. That measure was a major legislative goal of the late Sen. Lindsey Graham (R-S.C.), who died suddenly earlier this month. The vote was 86-11. [...]
Senator Lindsey Graham spoke twice by phone from Kyiv on Friday, fresh from a meeting with Ukrainian President Volodymyr Zelenskyy and brimming with news: the Trump White House had given him the green light to move bipartisan legislation imposing steep penalties on buyers of Russian oil. By Saturday, the South Carolina Republican was dead. Graham's […] The post Lindsey Graham spent his final day pushing Russia sanctions from Kyiv — now his unfinished work falls to Congress appeared first on American Almanac .
Senator Lindsey Graham spoke twice by phone from Kyiv on Friday, fresh from a meeting with Ukrainian President Volodymyr Zelenskyy and brimming with news: the Trump White House had given him the green light to move bipartisan legislation imposing steep penalties on buyers of Russian oil. By Saturday, the South Carolina Republican was dead. Graham's passing, after what a CBS News headline described as a brief and sudden illness, ended a career defined in its final years by relentless focus on two foreign-policy priorities: punishing Russia's war economy and brokering normalization between Saudi Arabia and Israel. Both remain unfinished. And the question now is whether Republican leaders in the Senate and House will pick up the work he left…Open
BREAKING … ‘WE HIT THEM VERY HARD LAST NIGHT’ … TRUMP TALKS NEW STRIKES ON IRAN… NICK SORTOR: NOW: President Trump SPEAKS OUT after striking Iran last night, and he GOES OFF (VIDEO)
BREAKING … ‘WE HIT THEM VERY HARD LAST NIGHT’ … TRUMP TALKS NEW STRIKES ON IRAN… NICK SORTOR: NOW: President Trump SPEAKS OUT after striking Iran last night, and he GOES OFF (VIDEO) “They’re a bunch of SCUM.” “These are evil, sick people, and we have to rid their cancer. They’re CANCER! And you know what you do? You got to cut out cancer EARLY, man.” “I told them, every time you hit, we hit. And of course, they’re dirty players.” “They’ve kiIIed thousands and thousands of our soldiers. They’ve kiIIed hundreds of thousands of innocent people.” TRUMP: CEASEFIRE IS ‘OVER’ … NICK SORTOR: BREAKING: President Trump announces he believes the ceasefire with Iran is “OVER” (VIDEO) “To me, I…Open
‘Iran’s actions in the Strait were wholly unacceptable’
The United States reimposed oil sanctions on Iran following reports of unprovoked attacks on ships in the Strait of Hormuz late Monday night and early Tuesday morning. A letter from the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC), the license that temporarily lifted oil sanctions on Iran issued June 21 has been “revoked,” with the effective date listed as July 7, 2026. Earlier Tuesday, Reuters reported that the U.S. government was “revoking a general license that authorized the sale of Iranian oil,” with a U.S. official calling the attacks in the Strait of Hormuz “wholly unacceptable.” The Daily Caller reached out to President Donald Trump’s White House, which confirmed Reuters’ earlier…Open
The Trump administration on Tuesday reimposed sanctions on Iranian oil and petrochemical sales after Tehran reportedly attacked three vessels near the Strait of Hormuz. The […] Source
The military operation came hours after the U.S. Treasury revoked a waiver allowing global sales of Iranian oil.
Iran’s attacks on commercial vessels in the Strait of Hormuz have prompted the U.S. to revoke key sanctions waivers, raising concerns over the fragile ceasefire in the Middle East. PULSE POINTS WHAT HAPPENED: The United States has revoked oil sanctions waivers granted to Iran following attacks on three commercial vessels in the Strait of […]
Iran’s attacks on commercial vessels in the Strait of Hormuz have prompted the U.S. to revoke key sanctions waivers, raising concerns over the fragile ceasefire in the Middle East. PULSE POINTS WHAT HAPPENED: The United States has revoked oil sanctions waivers granted to Iran following attacks on three commercial vessels in the Strait of Hormuz earlier this week. The attacks, involving missiles striking ships near Oman and causing significant damage, have reignited tensions in one of the world’s most critical energy corridors. DETAIL: The attacks come amid a fragile ceasefire established under a June memorandum of understanding that called for halting military operations and reopening the strait to commercial traffic. Iran has…Open
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