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US Threatens Iran With Massive Sanctions as Tehran Warns of Total Oil Shutdown
The United States is preparing a sweeping new round of sanctions against Iran, calling it the most powerful financial strike ever launched against a rival nation. Treasury officials say the measures, announced Monday, will target countries and businesses that continue trading with Iran, warning that nations choosing to look the other way will face consequences.
The United States is preparing a sweeping new round of sanctions against Iran, calling it the most powerful financial strike ever launched against a rival nation. Treasury officials say the measures, announced Monday, will target countries and businesses that continue trading with Iran, warning that nations choosing to look the other way will face consequences.
Iran’s Sharp Response
In reply, a top Iranian security official declared that if the economic pressure continues, the country will completely stop oil shipments through the Persian Gulf and the Strait of Hormuz. Any nation backing the sanctions, he warned, would be treated as taking part in an act of war against Iran.
Diplomacy Still Struggling
Despite months of conflict and no direct talks since June, countries like Pakistan, Qatar and Turkey are still pushing for peace. Pakistan’s army chief is expected to visit Tehran soon to discuss the worsening situation.
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Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.
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About the author
8+ years covering crypto markets, macro, and geopolitics. Previously at Decrypt and CoinDesk. Focused on the intersection of digital assets and traditional finance.
Tristan R. · 
