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From dropping bombs to pressuring banks: US pivots to economic warfare on Iran

WASHINGTON (AP) — If the U. S. and Iran aren’t able to soon come to a deal to end the war or extend the ceasefire that expires next week, the Trump administration is setting the stage to shift its war campaign toward a more economic-focused effort aimed at choking Tehran into submission rather than relying on bombs alone. Treasury Secretary Scott Bessent told reporters at a White House briefing Wednesday that the U. S. plans to ramp up economic pain on Iran, and said the new moves will be...

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