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Iran scrambles to sustain trade as US threatens to sanction countries that refuse to break ties

Middle East 2 sources 2 countries 🔦 Under-reported 20m ago

Iran's economy faces imminent instability as the Trump administration threatens to sanction any country that refuses to break financial ties with Tehran. The planned US pressure campaign targets a nation already struggling with high inflation, prolonged Western sanctions, and a war that has sharply curtailed its oil revenue.

The developing situation forces Iranian authorities to scramble for ways to sustain international trade. The impending coercive measures threaten to isolate Iran further, compounding existing economic hardships driven by diminished petroleum earnings and widespread domestic financial strain.

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Read the full story at the source WTOP News - Washington DC (Washington DC, US) · US
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