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Trump's Economic D-Day Aims to Break Iran's Back

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Oil Natural Gas
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The Trump administration is stepping up its economic pressure on Iran with an unprecedented level of sanctions, promising an 'economic D-Day' against Tehran. This move comes as the US faces diminishing stockpiles of key weapons and nearing the six-month mark of the Iran war.

President Donald Trump announced that the US would impose an 'unprecedented' level of economic warfare on Iran, aiming to force its leadership to cave to demands to end its nuclear program and fully reopen the crucial Strait of Hormuz to oil and natural gas tankers. Iranian Foreign Minister Abbas Araghchi responded by saying, 'We have seen this movie before. Same bull. Different bullies.'

Treasury Secretary Scott Bessent threatened secondary sanctions on nations and companies that conduct business with Iran, stating, 'If you insist on doing business with them, then the U.S. Treasury and U.S. government will put its full might and force against you.'

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