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Oil tanker anchored near the Strait of Hormuz amid expanded Iran sanctions

Iran War Enters a New Phase as Washington Expands Economic Pressure

With the Strait of Hormuz still severely disrupted, the Trump administration is intensifying Iran sanctions and wider economic pressure and warns countries that continue to support Tehran. The next phase could test U.S. relations with China and Gulf partners as much as Iran itself. WASHINGTON / MUSCAT / TEHRAN —

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Iran Turns to BRICS Bank as War Deepens Push Beyond the Dollar

Iran Turns to BRICS Bank as War Deepens Push Beyond the Dollar

Tehran says it is preparing to join the BRICS-backed New Development Bank, potentially expanding its access to development finance as war and sanctions constrain Iran’s economy — while testing how effectively emerging-market institutions can broaden financing options for countries facing international restrictions. Iran says it is moving toward membership in

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Saudi Arabia, Türkiye and Pakistan signed a landmark defense agreement Friday committing the three countries

Defense Brief: New Wars Are Reshaping Old Alliances

Saudi Arabia, Türkiye and Pakistan’s new mutual-defense pact underscores a broader shift toward overlapping security partnerships as conflicts increasingly cross borders and challenge traditional alliance structures. Saudi Arabia, Türkiye and Pakistan signed a landmark defense agreement Friday committing the three countries to regard an armed attack against one as an

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The Strait of Hormuz Has Become More Than a Military Flashpoint—It's Emerging as a Negotiating Asset

The Strait of Hormuz Has Become More Than a Military Flashpoint – It’s Emerging as a Negotiating Asset

As the United States and Iran cautiously explore a new diplomatic path to reopen the Strait of Hormuz, the negotiations are highlighting how disruption to global commerce has become an increasingly important dimension of modern geopolitical conflict. The latest diplomatic effort follows U.S. President Donald Trump’s announcement that negotiations would

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