Sanctions
Sanctioned Container Ship Reaches Iranian Port Despite US Blockade
An Iranian-affiliated container ship under US Treasury sanctions has reached an Iranian port despite the naval blockade, hours after Washington announced a new phase of economic pressure on Tehran.
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Industry
Hormuz Transits Fall to Two Vessels in a Day, Lowest Since May
Only two ships entered the Strait of Hormuz on August 24, the lowest daily count since early May, with fewer than 20 commercial vessels crossing over the weekend.
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Sanctions
Washington Readies New Iran Sanctions and Presses China Over Hormuz
Scott Bessent has promised the toughest sanctions in history against Iran and called on China, which took over 80% of Iran's shipped oil in 2025, to help reopen the Strait of Hormuz.
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