Iran pressure gamble risks prolonging war and roiling oil markets

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Source: Politico
TL;DR Summary

Treasury Secretary Scott Bessent’s new “economic D-Day” plan to squeeze Iran with sweeping sanctions aims to force Tehran to the negotiating table, but analysts warn it could fail to end the war and may prolong the conflict while keeping energy markets volatile, as Iran hints at further retaliation and China resists unilateral sanctions.

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