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War & Conflict1h 48m ago

Washington was likely to announce bank sanctions against Iran this week.

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Iran

Who
Scott Bessent, U.S. Treasury Secretary
What
Washington was likely to announce bank sanctions against Iran this week.
When
Tue, 01 Sep 2026 15:35:32 GMT · 1h 48m ago
Where
Iran ·
Why
Stepping up an attempt to "economically asphyxiate" Iran's leadership after six months of conflict.
The Frontline Impact

How this affects you

The sanctions are intended to economically asphyxiate Iran's leadership. Oil prices rose following reports of attacks on two tankers leaving the Strait of Hormuz.

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