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2026-09-02T00:49:48.000Z

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U.S. Treasury Sets Iran Options

U.S. Treasury Sets Iran Options

The article discusses the escalation of U.S. policy towards Iran, with U.S. Treasury Secretary Scott Bessent affirming that Iran's options include either internal upheaval or returning to negotiations for an agreement they can adhere to. This comes amid deteriorating Iranian economic conditions, a declining currency value, and shrinking oil resources. It is noted that China is pushing to buy Iranian oil with yuan, reducing reliance on the international financial system. There are also hush-hush talks with Russia and China to ensure freedom of navigation through the Strait of Hormuz, along with reassurances that Iran does not control the strait—the United States maintains dominance over it. The article emphasizes continued economic pressure and sanctions on Iran as its economy worsens and its financial system is drained, but there is no mention of any specific agreement with China or concrete results from the sanctions policy.

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