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Trump Mulls Escalation Against Iran Amid Funding Requests

3/22/2026

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Summary

Story summary

U.S. Treasury Secretary Scott Bessent says U.S. President Donald Trump is considering escalating actions against Iran and may wind down the conflict.
He says the United States has funds for the war but seeks $200 billion from Congress.
Bessent defends easing some sanctions on Iranian oil to lower global energy costs, despite criticism of potential Iran benefits.
He notes that lasting Middle East peace would justify the current costs.

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Story summary

U.S. Treasury Secretary Scott Bessent says U.S. President Donald Trump is considering escalating actions against Iran and may wind down the conflict.
He says the United States has funds for the war but seeks $200 billion from Congress.
Bessent defends easing some sanctions on Iranian oil to lower global energy costs, despite criticism of potential Iran benefits.
He notes that lasting Middle East peace would justify the current costs.