US initiates economic pressure on Iran
The United States has initiated a broad economic campaign against Iran, aiming to cut Tehran off from international financial networks and weaken its government and IRGC revenues. The measures include targeted sanctions against nearly 60 individuals and entities involved in Iran’s oil trade, digital assets, and shipping sectors, with a focus on enforcement in countries like China, UAE, and Switzerland. U.S. officials warned Iran’s partners to phase out their activities, emphasizing that patience has limits, amid ongoing tensions and economic pressure on Iran, which has seen its rial decline to a record low.
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