The U.S. is preparing to intensify economic warfare against Iran as JD Vance says the conflict enters a new phase. Brent crude tops $93 as more commercial vessels use the Omani side of the Strait of Hormuz instead of Iran's preferred northern route.

President Pezeshkian said Iran was in a position of "power and dignity" and should end the war on its own terms, even as Washington prepares to ramp up economic sanctions it described as "Economic