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US Prepares New Sanctions as Iran Threatens Retaliation · GNN Daily Breaking News

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  Speaker 1: The United States is preparing to unveil a sweeping new
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  Speaker 1: round of economic sanctions against Iran, escalating what officials describe
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  Speaker 1: as the toughest sanctions in history and an economic dtay
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  Speaker 1: aimed at isolating Tehran. Treasury Secretary Scott Bessant is expected
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  Speaker 1: to outline the measures at a press conference, warning that
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  Speaker 1: any country maintaining business ties with Iran could face secondary
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  Speaker 1: sanctions and be cut off from the dollar based financial system.
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  Speaker 1: The move comes nearly six months into the US Israel
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  Speaker 1: war against Iran, a conflict that has shut down the
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  Speaker 1: Strait of Hormas, disrupted global energy flows, and pushed oil
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  Speaker 1: prices higher. President Donald Trump has shifted away from military
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  Speaker 1: escalation toward financial pressure, declaring on social media that Iran
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  Speaker 1: is completely collapsing under the strain. The sanctions package is
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  Speaker 1: expected to target not only Iran's oil shipping and financial
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  Speaker 1: sectors already under heavy restrictions, but also the countries, companies,
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  Speaker 1: and networks that facilitate Iranian trade. Analysts see China, which
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  Speaker 1: buys more than eighty percent of Iran shipped oil, could
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  Speaker 1: face heightened scrutiny, though Beijing has warned it will protect
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  Speaker 1: its interests and rejects US pressure tactics. Iran has responded defiantly.
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  Speaker 1: Officials in Tehran have condemned the measures as economic terrorism,
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  Speaker 1: arguing they will harm ordinary Iranians and amount to crimes
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  Speaker 1: against humanity. Deputy Foreign Minister chasm Garababadi accused Washington of
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  Speaker 1: admitting defeat by turning to financial warfare, questioning why the
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  Speaker 1: US needs the largest financial invasion in history if it
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  Speaker 1: has already achieved its military goals. Tehran has also threatened retaliation.
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  Speaker 1: Former Revolutionary Guards chief motion in Rizalue warned that if
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  Speaker 1: the economic war continues, Iran could halt all oil exports
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  Speaker 1: from the Gulf, declaring that not a single drop of
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  Speaker 1: oil will be exported through the Strait of Hormas or
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  Speaker 1: any Persian Gulf rout. Iran has already blacklisted dozens of
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  Speaker 1: tankers and carried out attacks on shipping, contributing to global
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  Speaker 1: market volatility. Meanwhile, Iran's allies have intensified pressure in the
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  Speaker 1: Red Sea, where UTI forces have restricted shipping and threatened
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  Speaker 1: Saudi vessels. Drone and missile attacks near key terminals have
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  Speaker 1: raised anxiety levels, prompting some shipping companies to reroute vessels.
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  Speaker 1: Despite the sweeping nature of the planned sanctions, analysts caution
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  Speaker 1: that Iran has become adept at sanctions of Asian using
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  Speaker 1: shadow tanker fleets, ship to ship transfers, shell companies, and
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  Speaker 1: alternative payment systems. The Iranian real however, continues to fall,
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  Speaker 1: hitting new lows as the country braces for further economic pain.
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  Speaker 1: As wash Rington prepares to announce its latest measures, the
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  Speaker 1: confrontation appears poised to deepen. With diplomacy stalled and both
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  Speaker 1: sides entrenched. The economic pressure campaign marks a new phase
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  Speaker 1: in a conflict that has reshaped global energy markets and
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  Speaker 1: heightened geopolitical tensions across the Middle East.