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Story summary
- The United States launched an economic offensive against Iran, tightening a naval blockade and imposing toughest sanctions.
- The pressure has sharply restricted Iran’s access to foreign currency, imports, and global financing networks.
- Treasury Secretary Scott Bessent called the strategy a “one-two punch” aimed at collapsing the regime.
- Iran fears rising prices, weaker trade and shortages of fuel and wheat could spark nationwide unrest.
