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The Threats Keep Multiplying
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THE ESCALATION LADDER
Iran’s armed forces chief of staff threatened “crushing, punishing and devastating” military retaliation Friday against any new US economic measures, a striking response to threats that, so far, have been entirely financial. The exchange traces back to Wednesday, when President Trump vowed sweeping economic consequences against any country offering Iran a financial lifeline. Treasury Secretary Scott Bessent followed Thursday, telling CNBC the administration is preparing “the…
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