The latest sanctions come after President Donald Trump pledged his administration would drive Iran's oil sales down to zero.

A general from Iran's Islamic Revolutionary Guard Corps lashed out at Israel and the U.S. during military exercises, setting the stage for a new attack on the Jewish state.

Iran alerted the United Nations on Tuesday to what it described as "reckless and inflammatory statements" by U.S. President Donald Trump threatening the use of force, and warned that "any act of aggression will have severe consequences.

Ayatollah Ali Khamenei took a dig at the US President's attempts to "redraw the map of the world" by renaming the Gulf of Mexico.

Israel’s Prime Minister Benjamin Netanyahu vowed on Sunday to “finish the job” against Iran with the support of US President Donald Trump.

Supreme Leader Ayatollah Ali Khamenei said on Wednesday Iran should further develop its military, including its missiles, after U.S. President Donald Trump made threats of force against Tehran if it refused to negotiate over its nuclear programme.

The U.S. president’s threat of slapping tariffs on major trading partners continues to rattle a crude market searching for clues on the direction of travel.

President Donald Trump has begun his America First overhaul of government, signing scores of executive orders in his first weeks back in office. Some are muscular power grabs, while others amount to little more than press releases. Together, they channel his MAGA vision and move to create a federal government accountable to the president.

A strike on Iran’s nuclear facilities would present an early test for President Trump, who campaigned on restoring peace while touting his support for Israel.