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The Economic Times

Global Business / The Economic Times

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Iran draws red lines as US, EU tighten squeeze

Iran has warned of a severe retaliation if attacked. This comes as the United States signals time is running out for a nuclear deal. The European Union is also set to designate Iran's Revolutionary Guards as a terrorist group. Regional powers are calling for calm and negotiations to prevent escalation. Turkey has offered to mediate between Washington and Tehran.

29 Jan 2026 5:57 pm