India, July 11 -- The US has escalated its pressure tactics towards Iran following recent attacks on cargo ships in the Strait of Hormuz, one of the most important waterways in the world. The Trump administration recently imposed fresh sanctions aimed at Iranian officials and financial institutions believed to be associated with the Iranian regime while the US is still sending out signals of its readiness to engage in negotiations, the latest action demonstrates a policy of using economic pressure alongside diplomacy.

US Tightens Sanctions on Iran

Treasury Department of the United States has blacklisted Ali Ansari, a financial facilitator from Iran, along with some exchange houses involved in moving billions of dollars for Iranian banks...