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US announces new Iran sanctions in 'economic onslaught,'aims to cut off Tehran's revenue sources

The US unveils new Iran sanctions as Trump says Iran is collapsing, while talks over the Strait of Hormuz and a wider peace deal continue.

Hindustan Times24 Aug 2026, 05:59 pmUpdated 2h ago1 min readWorldWorld

World — Hindustan Times

US announces new Iran sanctions in 'economic onslaught,' aims to cut off Tehran's revenue sources

The US unveils new Iran sanctions as Trump says Iran is collapsing, while talks over the Strait of Hormuz and a wider peace deal continue.

This report is published with credit to Hindustan Times. The wire sent a summary; open the original for any extra context. Read on Hindustan Times →

Source: Hindustan Times. Published 24 Aug 2026, 05:59 pm.

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