The United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprecedented in the history of economic isolation. The move comes as ceasefire talks falter, Washington maintains its naval blockade and tensions around the strategically vital Strait of Hormuz continue to escalate.

US reinstates naval blockade on Iran in the Strait of Hormuz. End of blockade by December 31, 2026 at 78.2% YES.

By Phil Stewart and Idrees AliPANAMA CITY, Aug 13 (Reuters) - The United States on Thursday threatened to maintain a naval blockade of Iran indefinitely, ratcheting up economic…