Washington explores options to curb Iran

The Trump administration is preparing to impose unprecedented economic pressures on Iran by expanding sanctions, including targeting currency exchange companies and intermediaries that help Tehran regain access to its foreign earnings. The goal is to reduce Iran’s ability to export oil and access its funds. Washington is also considering secondary sanctions against any entity dealing with Iran, which could lead to businesses shifting transactions to unofficial channels or digital assets, as well as the potential confiscation of American assets linked to Iran. Conversely, Iran announced that it reached an agreement with Oman regarding navigation in the Strait of Hormuz, reflecting its efforts to safeguard its maritime interests amidst international tensions.

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