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'Iran is in for the long haul' with oil tanker hijacks, expert says, as U.S. considers more sanctions
China's need for Iranian oil rules out Strait of Hormuz closure, but sowing 'chaos' as a strategy and sanctions threats will lead Iran to hold hijacked tankers.
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US slaps new sanctions on Iran’s drone program as Israel considers response to weekend attack
The United States slapped new sanctions Thursday on 16 people and two entities associated with Iran’s drone program as it looks to punish Tehran for last weekend’s attack on Israel. The sanctions target executives of an engine manufacturer that supplies Iran’s Shahad-131 drones, which were used in the onslaught, as well as companies that service the engines and individuals associated with providing the drones to Iranian proxy forces throughout the Middle East. The Treasury Department also said...