US Readies Toughest Iran Sanctions Yet

The US is preparing its toughest Iran sanctions yet as the US-Iran war enters a critical new phase. Treasury Secretary Scott Bessent is set to unveil a sweeping new sanctions package targeting Iran, with Washington promising unprecedented economic pressure on Tehran.But Iran is sending a different signal. President Masoud Pezeshkian says Tehran could bring the Iran war to an end while claiming victory and insisting any settlement must come on Iran's terms. Meanwhile, China rejects US pressure over its continued purchases of Iranian oil.In this Iran war update, we examine the new US sanctions on Iran, China's response, Iran's diplomatic signals, and whether economic warfare can succeed where military strikes have failed.We also break down the latest developments in the Strait of Hormuz, shipping and oil markets, Iran's control over maritime traffic, the growing pressure on Iraq and Iranian-backed militias, and the wider Middle East conflict.This is Episode 177 of Epic Fury: The US-Iran War Podcast — your daily briefing on the Iran war, US military strategy, sanctions, geopolitics, oil markets and the rapidly changing Middle East.