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Economics3h 26m 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

Who
Mike Waltz, Gulf allies, President Donald Trump, Fox News Digital, regional leaders, Scott Bessent, unnamed U.S. official, President Sheikh Mohammed bin Zayed, U.S. Fifth Fleet, U.N. Security Council
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 26m ago
Where
Bahrain, United Arab Emirates, United Kingdom, United States ·
Why
Leaders in the region validated U.S. assessments that Iran’s economy is deteriorating under the combined weight of sanctions, military pressure and isolation.
The Frontline Impact

How this affects you

U.S. leadership reports that a coalition of gulf nations is actively supporting the economic blockade against Iran, which is causing severe economic deterioration. This intensified pressure is designed to compel Iran towards a nuclear deal while also raising concerns about regional stability and potential escalation.

Story chain

11 events in this thread
  1. Economics3h 26m 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 26m 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 26m 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. Economics3h 26m 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
  5. Economics3h 26m 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 26m 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 26m 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. Currently Reading3h 26m 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.
  9. Economics3h 43m 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 34m 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 34m 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