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Macro Finance

US Expected to Ramp Up Pressure on Iran's Economic Partners

Bloomberg Markets·August 21, 2026·1 min read

Treasury Secretary Scott Bessent vowed to ramp up pressure on Iran by targeting its economic partners, saying "You are either with us, or against us." He is scheduled to discuss the plans further on Monday. Bloomberg's Tyler Kendall reported the remarks, which signal a tougher US stance on Iran's financial network and allies.

Read at Bloomberg Markets
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