U.S. Navy blockade slashes Iran oil exports as Trump administration shifts to economic warfare

The U.S. has shifted to a campaign of economic warfare, after a dozen waves of airstrikes in July failed to force Tehran to abandon its claim to Hormuz.
Military.com

$25 Billion Nuclear Power Plant Deal Between Iran, Russia Bolsters Electrical Grid

Russia and Iran are advancing a $25 billion nuclear power program that would add several Russian-supported reactors to Iran’s electrical grid.

White House silent on Iran-Oman Hormuz plan Tehran says would ban US warships

Iran says a proposed Strait of Hormuz framework with Oman would exclude military vessels, but the White House won't say if Trump would accept it.

Iran says return to diplomacy 'isn't impossible' — but all Mideast wars must end to reopen Hormuz

Iran said the conflict in the Gaza Strip has to end, Israel has to withdraw from Lebanon and also halt its attacks on Syria.

Six months on, the Iran war has changed the Middle East, but not in the way its architects had hoped

It's been six months since the United States and Israel attacked Iran with the perennial goal of transforming the Middle East through military force. The region has changed, but not in the way they had hoped.

Iran says Hormuz deal with Oman reached as strait remains closed

Iran's Revolutionary Guard says a deal with Oman would divide control and revenue from the Strait of Hormuz, but the waterway will remain closed until the U.S. ends its naval blockade and the war. CBS News' Natalie Brand reports.