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U.S. Sanctions Target Iran’s Global Trade | Philadelphia News
The U.S. Treasury is escalating economic pressure on Iran with new sanctions targeting not just Tehran but any country doing business with it — a warning shot echoing Trump’s “economic D-Day” rhetoric. While specifics remain vague, key trading partners like China, Turkey, and the UAE are under close watch. Iran dismisses U.S. leverage, yet the UAE has already suspended trade — a move Bessent hints at being intentional. Amid soaring inflation and record-low currency, Iran’s economy buckles, yet political change stalls as it still controls vital shipping lanes. Behind the scenes, Pakistan sends…
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