• Published: Mon Aug 24, 2026, 7:18 AM

US to impose new Iran sanctions on tech, gold, aviation, shipping

By:Supreeta BalasubramanianLaraib Anwer
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Key Events

Summary

  • Iran warns vessels violating Hormuz transit rules of fines, detention
  • US threatens Iran with 'financial offensive', vowing to isolate the country's economy
  • Iran vowed to shut down all oil exports from the Gulf 'if the economic war continues'
  • Iran warns of 'consequences' for countries joining US economic pressure
  • Iran currency drops to record low of over 2 million rials to US dollar: Reuters cites tracking websites
  • US to impose new Iran sanctions on tech, gold, aviation, shipping
  • US warns countries to halt Iran activity or face action
  • Iran has 'two-year plan' to counter US sanctions: economy minister
  • 11:39 PM, Aug 24, 2026

    US war secretary says Washington not ruling out military force against Iran

  • 11:31 PM, Aug 24, 2026

    Stay tuned to Khaleej Times

  • 11:14 PM, Aug 24, 2026

    Iran predicts 'another defeat' for US after Washington's new sanctions

  • 11:13 PM, Aug 24, 2026

    US public support for military action against Iran falls: Reuters poll

  • 11:09 PM, Aug 24, 2026

    Iran has 'two-year plan' to counter US sanctions: economy minister

    quote    We've been waiting for these plans for a long time, and the government is and was ready and has a two-year plan to manage these events.

    Madanizadeh

  • 11:08 PM, Aug 24, 2026

    Iran official says trading partners don't take US statements into account

  • 10:47 PM, Aug 24, 2026

    US sanctions campaign to 'increase psychological pressure': Iran official 

  • 10:35 PM, Aug 24, 2026

    UN offers to facilitate fertilizer transit through Hormuz

    quote    Of course, it can only be done if the countries that are involved in this conflict all agree to accept the mechanism.

    Guterres

  • 10:16 PM, Aug 24, 2026

    Israeli PM Netanyahu says Iran 'tried to kill' one of his sons

  • 9:40 PM, Aug 24, 2026

    US Treasury chief vows to cut every 'economic lifeline' of Iran

    quote    We are going to hold everyone accountable, and this is economic asphyxiation of this regime.

    Bessent

  • 9:38 PM, Aug 24, 2026

    US to impose new Iran sanctions on tech, gold, aviation, shipping

  • 9:36 PM, Aug 24, 2026

    Countries allowing Iran money laundering to be removed from US dollar system: Bessent

  • 9:23 PM, Aug 24, 2026

    US warns countries to halt Iran activity or face action

  • 9:08 PM, Aug 24, 2026

    Trump calls world leaders, urges them to cut ties with Iran: Bessent

  • 8:53 PM, Aug 24, 2026

    Stocks, oil slip ahead of US threat of economic war against Iran

  • 8:13 PM, Aug 24, 2026

    Trump spoke to Pakistan army chief ahead of Iran mediation: source

  • 7:55 PM, Aug 24, 2026

    Pakistan army chief in Tehran for talks

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  • 7:16 PM, Aug 24, 2026

    Small speedboats between Iran and Musandam 'smugglers': TankerTrackers

    quote    For the umpteenth time, these large flotillas of tiny speedboats traveling back and forth between Oman’s Musandam and Iran are smugglers.

    TankerTrackers on X

  • 6:43 PM, Aug 24, 2026

    Saudi Arabia confirms vessel attacked in Red Sea 

  • 6:33 PM, Aug 24, 2026

    Wall Street set to open lower as high-stakes Iran, inflation tests loom

  • 5:58 PM, Aug 24, 2026

    Chokepoint traffic holds, risks shift

  • 5:30 PM, Aug 24, 2026

    Middle East crude exports crossing US blockade line fall

  • 4:57 PM, Aug 24, 2026

    Trump says Iran 'collapsing' ahead of sanctions announcement

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  • 4:42 PM, Aug 24, 2026

    US Treasury to broaden scope of secondary sanctions on Iran: source

  • 4:38 PM, Aug 24, 2026

    China, Jordan call for maintaining US-Iran ceasefire

  • 4:06 PM, Aug 24, 2026

    Iran central bank chief says currency weakness 'temporary'

  • 3:37 PM, Aug 24, 2026

    In pictures: Israeli strikes continue in Lebanon despite ceasefire

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  • 2:15 PM, Aug 24, 2026

    European shares steady on Iran sanctions uncertainty

  • 1:58 PM, Aug 24, 2026

    South Korea says US cancels joint marine drill over Iran war

  • 1:46 PM, Aug 24, 2026

    Iran says France's move to expel two Iranian diplomats 'illegal'

  • 1:34 PM, Aug 24, 2026

    Tanker on fire off Saudi Arabia after strike by 'unknown projectile': maritime agency

  • 1:25 PM, Aug 24, 2026

    UK briefs energy chiefs after Iran-linked cyber attack reports

  • 1:19 PM, Aug 24, 2026

    Pakistan's Munir spoke to Trump ahead of Tehran visit, sources say

  • 1:08 PM, Aug 24, 2026

    Iraq oil output exceeds 3 million bpd, ministry spokesperson says

  • 1:05 PM, Aug 24, 2026

    China vows to protect its rights as US readies Iran sanction

  • 12:48 PM, Aug 24, 2026

    Iran currency drops to record low of over 2 million rials to US dollar

  • 12:32 PM, Aug 24, 2026

    Pakistan's Munir spoke to Trump ahead of Tehran visit: Sources to Reuters

  • 12:02 PM, Aug 24, 2026

    Iran warns of 'consequences' for countries joining US economic pressure

  • 11:34 AM, Aug 24, 2026

    Iran warns vessels violating Hormuz transit rules of fines, detention

  • 11:10 AM, Aug 24, 2026

    Iran official responds to Bessent on Islamic Republic's military capabilities

  • 10:16 AM, Aug 24, 2026

    Daily life in Iran

  • 9:21 AM, Aug 24, 2026

    Iranians have differing opinions on sanctions

  • 8:34 AM, Aug 24, 2026

    Iraq’s SOMO, QatarEnergy offer crude for loading inside Hormuz via tenders, sources say

  • 8:32 AM, Aug 24, 2026

    Iran official says Oman foreign minister to visit Tehran on Tuesday to continue Hormuz talks

  • 8:15 AM, Aug 24, 2026

    Father of US sailor deployed to Middle East taken into immigration detention

  • 7:52 AM, Aug 24, 2026

    Cyberattacks in UAE because of war

  • 7:37 AM, Aug 24, 2026

    How many ships passed through Strait of Hormuz over weekend?

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  • 7:24 AM, Aug 24, 2026

    Oil falls amid US plan to wage economic war on Iran

  • 7:18 AM, Aug 24, 2026

    US's economic war on Iran