‘Economic D-Day’: US ‘enters endgame’ against Iran; Tehran threatens Gulf oil blockade

The United States is gearing up for an extensive financial campaign aimed at Iran, introducing new sanctions against nations and companies engaging in trade with Tehran. In response, Iran has signaled a potential halt to oil exports from the Persian Gulf. Meanwhile, China has resisted US influence and advocates for diplomatic efforts. While attempts to rekindle negotiations are underway, the prevailing tensions pose significant challenges.