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Economics3h 23m ago

U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.

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Bahrain, United Arab Emirates, United Kingdom, United States, Tehran

Who
U.S. Ambassador to the United Nations Mike Waltz, President Donald Trump, Secretary Scott Bessent, Fox News Digital, Gulf allies, regional leaders, Sheikh Mohammed bin Zayed
What
U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.
When
Fri, 12 Jun 2026 20:01:55 GMT · 3h 23m ago
Where
Bahrain, United Arab Emirates, United Kingdom, United States, Tehran ·
Why
Gulf partners validated U.S. assessments that Iran’s economy is deteriorating under sanctions and military pressure.
The Frontline Impact

How this affects you

Gulf allies, including the UAE and Bahrain, are actively supporting the U.S. economic pressure campaign against Iran, with U.S. officials noting the campaign's significant impact on Iran's economy and currency, which may influence negotiations regarding Iran's nuclear program.

Story chain

11 events in this thread
  1. Economics3h 23m ago
    U.S. stocks ended higher on Friday afternoon as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut.
    Open article
  2. Economics3h 23m ago
    U.S. stocks climbed Friday, buoyed by hopes of a U.S.-Iran peace deal and the historic debut of SpaceX.
    Open article
  3. Economics3h 23m ago
    U.S. stocks ended higher on Friday afternoon as investors held out hope for a peace deal between Iran and the United States and as SpaceX shares surged in their debut.
    Open article
  4. Currently Reading3h 23m ago
    U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.
  5. Economics3h 23m ago
    U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.
    Open article
  6. Economics3h 23m ago
    U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.
    Open article
  7. Economics3h 23m ago
    U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.
    Open article
  8. Economics3h 23m ago
    U.S. Ambassador to the United Nations Mike Waltz said Gulf allies are backing President Donald Trump’s blockade and economic pressure campaign against Iran.
    Open article
  9. Economics3h 40m ago
    The dollar index (DXY00) ended the day little changed on Friday as markets assessed various economic indicators and hopes for a near-term US-Iran agreement.
    Open article
  10. Economics4h 31m ago
    President Donald Trump stated the U.S. is near a deal with Iran to conclude the war, with a memorandum of understanding possibly signed in Europe this weekend.
    Open article
  11. Economics4h 31m ago
    President Donald Trump said the U.S. is close to signing a deal with Iran to wind down the war, with a memorandum of understanding to be signed in the coming days.
    Open article

Verified Sources & Citations