No new chapter since 25 Aug 2026
UAE suspends Iran trade over missile claim
19 Aug 2026 – 25 Aug 2026 · 10 chapters · 16 updates
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How this story unfolded
Chapter 1UAE suspends Iran trade over missile claim
- 19 Aug
Halts all trade and financial transactions with Iran after accusing Tehran of firing two ballistic missiles, which Iran denies.
upi.com (opens in a new tab)rthk.hk (opens in a new tab)dw.com (opens in a new tab)liputan6.com (opens in a new tab)
Chapter 2US announces economic campaign against Iran
- 20 Aug
Trump announces a crushing economic operation against Iran, warning of consequences for any country or entity aiding Tehran.
cnn.com (opens in a new tab)thedailystar.net (opens in a new tab)mid-day.com (opens in a new tab)rediff.com (opens in a new tab)
Created a US corridor for oil transit in the Strait of Hormuz as part of the escalating economic campaign against Iran.
No source was given for this update.
Chapter 3US economic pressure on Iran
- 20 Aug
Trump announces intensified economic pressure on Iran while stating the situation is good and suggesting talks could resume at some point
cnn.com (opens in a new tab)nytimes.com (opens in a new tab)bloomberg.com (opens in a new tab)mothership.sg (opens in a new tab)
Chapter 4US economic warnings over Iran
- 20 Aug
Trump threatens severe economic consequences for any country, bank, or business that assists Iran, aiming to isolate Tehran as oil benchmarks rise.
Chapter 5Iran warns nations over US sanctions
- 22 Aug
Warns neighboring countries that joining US economic sanctions will make them enemies, threatening retaliation against their oil assets
lemonde.fr (opens in a new tab)vanguardngr.com (opens in a new tab)dn.se (opens in a new tab)
Strengthens its military arsenal in response to Trump's claims over the Strait of Hormuz, escalating tensions beyond economic sanctions.
No source was given for this update.
- 23 Aug
Threatens to strike any nation that joins the US economic war, escalating its rhetoric from military posturing to direct warnings against international cooperation.
No source was given for this update.
Chapter 6France-Iran diplomatic dispute
- 24 Aug
Rejects France's decision to expel two Iranian diplomats as illegal, according to Tehran's foreign ministry statement.
No source was given for this update.
Chapter 7Iran warns Bulgaria over US military use
- 24 Aug
Tehran warns Sofia against allowing the US or Israel to use Bulgarian territory for military operations, claiming a right to strike sources of aggression.
index.hr (opens in a new tab)lemonde.fr (opens in a new tab)
Chapter 8Iran rial collapse and US sanctions
- 24 Aug
Drops past 2 million per US dollar as Washington prepares to announce new sanctions on Tehran
reviewjournal.com (opens in a new tab)news24.com (opens in a new tab)independent.co.uk (opens in a new tab)eluniverso.com (opens in a new tab)freemalaysiatoday.com (opens in a new tab)
Banned 46 oil tankers from the Strait of Hormuz as Iran retaliates against looming US sanctions.
No source was given for this update.
Impose new sanctions on vital Iranian economic sectors, targeting third-party states to further isolate the country's financial system.
No source was given for this update.
Chapter 9US sanctions 60 Iran-linked entities
- 24 Aug
Treasury Secretary Scott Bessent targets nearly 60 entities, individuals, and vessels, warning foreign nations against continuing trade with Tehran.
apnews.com (opens in a new tab)straitstimes.com (opens in a new tab)businessday.co.za (opens in a new tab)
Expands Operation Economic Outcast to target Chinese and Russian entities facilitating trade with Iran, marking a significant escalation in enforcement.
No source was given for this update.
Chapter 10US sanctions 60 entities tied to Iran
- 25 Aug
Treasury Secretary Bessent announces sanctions on 60 individuals, vessels, and entities to restrict Iran's trade, finance, and technology sectors.
aapnews.aap.com.au (opens in a new tab)bfmtv.com (opens in a new tab)moneycontrol.com (opens in a new tab)
Articles in this story
- Pezeshkian calls to end US conflict as Washington expands economic sanctions
- Trump threatens secondary sanctions in Economic D-Day ultimatum against Iran
- Trump declares economic offensive against Iran and threatens secondary sanctions
- US launches economic isolation campaign against Iran as Tehran warns of missile escalation
- US inflation accelerates in August as diesel tops $6 and rate hike expectations rise
- Iran Threatens Persian Gulf Oil Routes and US Economic Assets Over Sanctions
- Iranian rial drops past 2 million per US dollar as Washington prepares new sanctions
- US expands Iran sanctions to maritime and digital assets as Tehran blacklists 45 Gulf tankers
- US launches Operation Economic Outcast against Iran with sanctions across five sectors
Sources
Publishers the updates cite.
CNN International, Le Monde.fr, aa.com.tr, aapnews.aap.com.au, AP, BFMTV, Bloomberg, businessday.co.za, Deutsche Welle, dn.se, eluniverso.com, freemalaysiatoday.com, index.hr, liputan6.com, mid-day.com, moneycontrol.com, mothership.sg, news24.com, NPR, rediff.com, reviewjournal.com, rthk.hk, straitstimes.com, The Independent, The New York Times, thedailystar.net, upi.com, vanguardngr.com