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Iran tells US public that war failed

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The Associated Press / Iran’s Revolutionary Guard spokesman Gen. Hossein Mohebbi speaks during a news conference Tuesday in Tehran, Iran.

The United States is targeting people and companies around the globe that it accuses of financing or enabling Iran's military supply chain, placing sanctions on 10 individuals and entities as it pushes forward with economic warfare against Tehran.

Meanwhile, Iran's Revolutionary Guard urged Americans in a message ahead of U.S. midterm elections to take to the streets and rally against Donald Trump, claiming the U.S. president's war in the Middle East has failed.

US targets Iran's supply chain with new sanctions

The United States is targeting people and companies around the globe that it accuses of being financial facilitators or enablers of Iran's military supply chain.

The Trump administration is pushing forward with economic warfare against Tehran at a time when renewed diplomacy between the two countries remains uncertain.

The Treasury Department action Tuesday is part of the administration's "Operation Economic Outcast" campaign, aimed at severing "critical financial lifelines" for the already heavily sanctioned Iranian government.

Ten individuals and entities based in Iran, Hong Kong and Pakistan now face sanctions over accusations of procuring weapons and weapon components for Iran as it fights its now seven-month war against the U.S.

Iran spokesman advises US to reconsider leaders

Gen. Hossein Mohebbi, spokesman for Iran's Revolutionary Guard, said that the only way for the war in Iran to end is for Washington to admit defeat and leave.

He spoke at a news conference Tuesday in Tehran, reading from what he called a "letter to the American people." The message was apparently meant for the U.S. public just weeks ahead of the Nov. 3 midterm elections for the U.S. Senate and Congress -- a vote in which Trump's Republican Party faces fierce headwinds as it looks to maintain control of Congress.

Later, in remarks to The Associated Press, Mohebbi urged Americans to reconsider their leadership and take to the streets and protest Trump's policies to denounce what he called the U.S. government's warmongering policies.

He accused the United States of using Iran's nuclear program as a ruse to "plunder Iran's wealth" and to turn the country "back into a colony."

Meanwhile, Iran's currency fell to a new record low Tuesday, with traders in Tehran exchanging more than 2.5 million rials to the U.S. dollar. The currency has repeatedly reached new lows since the war began in February.

Major Saudi pipeline is again operating

A crucial oil pipeline in Saudi Arabia that was shuttered by the kingdom earlier this month after coming under attack is once again operating, a Saudi government official said.

The official, who was not authorized to comment publicly and spoke on condition of anonymity, said operations are near pre-attack levels and that the East-West pipeline should be running at full capacity within a few weeks. The kingdom relies on the pipeline to move its crude from oil processing facilities on the Gulf to ports on its western, Red Sea coast.

Saudi Arabia blamed an Iran-backed militia in Iraq for the drone attack that forced the temporary shutdown of the 745-mile pipeline.

Starting at /week.