Opinion

Iran’s deepest weakness is getting exposed through America’s maximum pressure campaign

Trump's economic squeeze on oil revenues escalates Iranian regime crisis

By Ludovic Hood Fox News

Published August 6, 2026 7:00am EDT

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The United States finds itself in a protracted standoff with the Islamic Republic of Iran – which, in many respects, it has been in for decades. The difference this time is the opportunity to do lasting damage to the regime’s pursuit of regional domination and end its 47-year-old assault on core U.S. national interests.

In the past few weeks, President Donald Trump has rightly opted for a policy of exerting economic pain on the regime and its sources of funding. The Treasury Department has unveiled a slew of strident measures to further squeeze Iran’s access to revenues from oil sales.

These measures include sanctions targeting Chinese, Indian and other third-country oil brokers and tanker operators. Treasury has also gone after operators behind Iran’s "shadow fleet" and illicit Iranian financial networks.

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America’s economic pressure on the regime is backed up by the U.S. Navy’s blockade of Iranian ports, involving over 20 warships and hundreds of military aircraft, and costing Iran tens of millions of dollars every day.

People stand on a bridge........

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