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In late August 2026, the United States announced a major expansion of economic sanctions against Iran, which officials described as an 'economic D-Day.' The measures, unveiled by Treasury Secretary Bessent, target Iran's oil trade and its economic partners, including dozens of Chinese firms and the oil trader Wellbred. The goal is to isolate Iran economically and cut off revenue streams.
by WorldBrief & Maksim Micheliov | AI-generated summary
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