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The Economic Times

Economy / The Economic Times

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Trump doubles down on sanctions, military pressure as Iran refuses to yield

The Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these intense measures. New sanctions face challenges with major trading partners like China. The Strait of Hormuz remains a key point of contention and risk. Both nations face domestic pressures influencing their current stance.

4 Sep 2026 7:06 am