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Fox News
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Treasury Secretary Scott Bessent warned that US sanctions are intended to economically suffocate Iran by targeting its financial networks and outside supporters, including entities and individuals aiding Tehran. He emphasized Iran's increasing economic distress, with inflation surpassing 100 percent and currency collapse, amid a broader pressure campaign that includes sanctions, military strikes, and a blockade. The aim is to isolate the regime from the global economy and cut off its support system.
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