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According to sources, the Trump administration is planning to expand secondary sanctions on countries and entities that do business with Iran, aiming to tighten the grip on its economic activities and reduce its oil revenue. These measures seek to warn nations against continuing trade relations with Tehran, with particular focus on the oil sector, banks, and independent refining companies, in order to isolate Iran from the global financial system and cut its oil exports. This move is part of an economic pressure campaign intended to force Iran to cease supporting activities that threaten regional security, with additional details expected to be announced by U.S. Treasury Secretary Scott Bessent.
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