Trump Vows US Will Hit Iran 'Hard Economically' as Talks Stall

Trump told Fox News the US would hit Iran "hard economically" with nuclear and Strait of Hormuz negotiations stalled, after Treasury Secretary Scott Bessent said measures "never before seen" could arrive as soon as next week.

Why this matters. New sanctions could further squeeze Iran's economy and complicate any near-term reopening of the Strait of Hormuz, prolonging the oil-stockpile drawdown the IEA has flagged as a top global energy security risk.