Tehran Calls for End to Conflict as US Pivots to Economic Pressure
Iranian President Masoud Pezeshkian declared in Tehran on Friday that the months-long war with the United States must end, asserting that Iran holds a position of strength while Washington transitions toward economic pressure. Global energy markets and international shipping fleets face ongoing disruption as Tehran maintains a partial closure of the Strait of Hormuz, where the U.S. Navy continues escorting covert tanker convoys carrying five to 10 million barrels of oil per day.
Washington Prepares ‘Economic D-Day’ Sanctions as Diplomatic Talks Remain Stalled
Iranian forces continue to hold the strategic Strait of Hormuz partially closed, forcing the American military to protect secret tanker convoys through the waterway’s southern sector to keep regional exports moving. U.S. Treasury Secretary Scott Bessent confirmed that Washington will detail an “economic D-Day” campaign on Monday to ramp up sanctions, signaling a strategic pivot away from direct military operations nearly six months after the conflict began in February.
The diplomatic deadlock follows a June memorandum of understanding approved by Iranian Supreme Leader Mojtaba Khamenei, which hardline parliamentarians in Tehran criticized for granting maritime concessions to Washington after the military conflict erupted earlier this year.
