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US unveils ‘economic D-Day’ of sanctions to isolate Iran

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US unveils 'economic D-Day' of sanctions to isolate Iran

* US threatens Iran’s trading partners with secondary sanctions US unveils ‘economic D-Day’ of sanctions to isolate Iran * Bessent says no nations is above reach of US sanctions * China says sanctions do not help, vows to protect its interests By David Lawder and Humeyra Pamuk WASHINGTON, – The U.S. on Monday announced an … Read more

US threatens ‘toughest sanctions in history’ on Iran; oil prices surge as Trump warns of ‘economic warfare’

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US President Donald Trump warned of economic consequences against any country that provided "any type of lifeline to Iran." (Bloomberg)

WASHINGTON/DUBAI, Aug 20 (Reuters) – The U.S. will impose “the toughest sanctions in history” on Iran, Treasury Secretary Scott Bessent said on Thursday, a focus on economic measures he suggested would lessen the need for new major military operations against Tehran. US President Donald Trump warned of economic consequences against any country that provided “any … Read more