71
Economics36m 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.

Bahrain, United Arab Emirates, United Kingdom, United States

Who
Mike Waltz, President Donald Trump, Scott Bessent, 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 · 36m ago
Where
Bahrain, United Arab Emirates, United Kingdom, United States ·
Why
regional leaders believe Tehran is feeling economic pain due to sanctions, military pressure, and isolation, as a possible deal with Iran nears completion.
The Frontline Impact

How this affects you

The ongoing US economic pressure campaign supported by Gulf allies aims to destabilize Iran's economy, with reports of declining currency and depleting foreign reserves, as the US seeks to prevent Iran from acquiring nuclear weapons. The situation is shifting rapidly with a potential deal with Iran on the horizon.

Story chain

5 events in this thread
  1. Currently Reading36m 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.
  2. Economics36m 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
  3. Economics54m 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
  4. Economics1h 45m 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
  5. Economics1h 45m 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

Credibility ratings reflect the AI ingestion pipeline's assessment of source provenance.