Iran is in for the long haul with oil tanker hijackings, as the U.S. considers more sanctions

'Iran is in for the long haul' with oil tanker hijacks, expert says. China's need for Iranian oil rules out Strait of Hormuz closure, but sowing 'chaos' as a strategy and sanctions threats will lead Iran to hold hijacked tankers.

Janet Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions. Yellen warns of potential global ‘economic spillover’ from rising tensions in the Middle East. Treasury Secretary Yellen also warns of further sanctions against Iran.

Janet Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions. Yellen warns of potential global ‘economic spillover’ from rising tensions in the Middle East. Treasury Secretary Yellen also warns of further sanctions against Iran.

Yellen says Iran's actions could cause global 'economic spillovers' and warns of more sanctions. Iran's missile attack on Israel early Sunday came in response to what it says was an Israeli strike on Iran's consulate in Syria earlier this month. U.S. and its allies won't hesitate to use their sanctions powers to address Iran's "malign and destabilizing activity" in the region.