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Trump Imposes Iran Sanctions
- U.S. President Donald Trump announced on August 21 that the United States will impose new sanctions on Iran.
- Treasury Secretary Scott Bessent warned that any country keeping financial ties with Iran faces secondary sanctions, urging China to curb oil purchases.
- Maj. Gen. Ali Abdollahi warned Iran would launch crushing, punishing retaliation to any U.S. threats.
- Energy Secretary Chris Wright said Hormuz oil flow is 8 million barrels daily, far below 20 million.
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