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U.S. plans major financial offensive against Iran amid rising tensions
The move follows the expiration of a 60-day ceasefire window, leaving no formal truce mechanism to end the six-month war.
CNBC reports the United States plans to unveil what it calls a major financial offensive against Iran as tensions escalate.
The escalation comes after both sides missed a 60-day ceasefire window to reach a deal, effectively closing off the formal truce mechanism intended to end the six-month war.
CNBC World reports that the standoff is unfolding alongside Tehran threats tied to ship seizures, adding pressure to the breakdown in ceasefire talks.