February 03, 2025 | Claire Jungman and Charlie Brown
The second Trump Administration has wasted no time signaling a hardline stance on Iran, kicking off what many expect to be "Maximum Pressure 2.0." A key early move was re-designating the Iranian-backed Houthis as a Foreign Terrorist Organization (FTO), a step underscoring the administration’s commitment to ending attacks on U.S. personnel, allies, and maritime shipping in the Red Sea.
National Security Advisor Mike Waltz has made clear that the administration’s strategy will focus on cutting off Iran’s revenue streams, particularly its crude oil exports to China. “As long as Iran is flush with cash, the Middle East is never going to have peace,” Waltz stated, emphasizing that China purchases nearly 90 percent of Iran’s illicit oil.
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