International
US Announces Unprecedented Economic Isolation Measures Against Iran
The Hindu1h
THE BRIEF
1
US Treasury Secretary Scott Bessent announced on August 13, 2026, that the United States will impose unprecedented economic isolation on Iran and maintain an indefinite naval blockade in the Strait of Hormuz.
2
The UAE reported that two tankers operated by the state-owned Abu Dhabi National Oil Company were attacked by Iranian drones on August 13, though no casualties were recorded.
3
The US military plans to rotate naval vessels indefinitely to enforce the blockade, which aims to pressure Tehran as global oil supply drops and ceasefire talks remain stalled.