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Sanctions Hit Auto
- U.S. President Donald Trump ordered the USS Theodore Roosevelt, a third carrier, to the Middle East in October 2026 amid Iran war.
- The Treasury expanded sanctions to Iran’s automotive and rail sectors, targeting ten individuals and entities linked to weapons procurement.
- Brent crude futures rose 42% to $103.53 per barrel in the three months to September 30 2026.
- Iran’s rial fell to a record low of over 2.5 million per dollar in late September 2026.
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