Iran warns of a devastating response as the US prepares tougher sanctions, while falling oil flows through Hormuz raise concerns over global energy supplies.

US treasury secretary vows Washington will 'collapse' Islamic Republic regime, promises toughest sanctions yet; US targets Hezbollah with new sanctions, emphasizing ties to Tehran

US Treasury Secretary Scott Bessent said Washington will impose the “toughest sanctions in history” on Iran, with details expected Monday, as the Trump administration seeks to…

US Treasury Secretary Scott Bessent says Washington will impose its toughest sanctions on Iran, while China urges diplomacy and rejects sanctions pressure.