U.S. Launches "Economic Fury" Campaign Against Iran, Treasury Department Imposes Maximum Pressure

GateNews

Gate News message, April 16 — U.S. Defense Secretary Lloyd Austin announced today that the Treasury Department is launching an operation codenamed “Economic Fury” to impose maximum economic pressure on Iran.

The initiative was disclosed during a Pentagon press briefing on April 16.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Hong Kong Monetary Authority: Middle East Tensions Have Limited Impact on Banking Sector

Eddie Yue from the Hong Kong Monetary Authority states that Hong Kong's banking sector faces limited risk from Middle East tensions, though rising oil prices may impact energy-sensitive sectors. There's no increase in SME assistance requests, and the authority continues to monitor the situation. The anticipated 19.3% default rate for a special loan scheme is being managed through standard collection procedures.

GateNews2h ago

Russia's GDP Fell 1.8% in First Two Months of 2026, Putin Seeks Economic Recovery Plan

Russian President Putin reported a 1.8% GDP decline in early 2026 and called for economic stimulus proposals. In response to U.S. sanctions, Kremlin spokesperson Peskov stated that Russia has adapted to these challenges.

GateNews2h ago

Iran Restores Access to Some International Internet Services

Iran has lifted some restrictions on international internet services, signaling a change in its internet access policies, as announced by Iranian authorities on April 16.

GateNews2h ago

IEA Chief Warns Europe's Aviation Fuel Supply May Last Only 6 Weeks

Gate News message, April 16 — IEA Director Fatih Birol said Europe's aviation fuel supply may last only about six weeks, according to reporting by the Associated Press.

GateNews2h ago

US Ends Oil Waivers for Iran and Russia, Threatens Secondary Sanctions on Buyers

The Trump administration will not renew sanctions waivers for Iranian and Russian oil, prompting threats of secondary sanctions against countries, particularly China, buying Iranian oil. This decision ends efforts to stabilize global oil prices amidst ongoing Middle East tensions.

GateNews3h ago

Indonesian Rupiah Hits Record Low Against Singapore Dollar Amid Iran War Oil Shock

Indonesia's rupiah has hit a record low against the Singapore dollar due to rising oil prices and capital outflows from financial markets. Concerns about demand for Singaporean services and export flows to Indonesia are growing. The central bank's interventions aim to stabilize the currency.

GateNews4h ago
Comment
0/400
No comments