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The Economic Times

Global Business / The Economic Times

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Iran vows to retaliate after US widens sanctions

Iran has vowed to retaliate against expanded US economic sanctions, warning Washington of attacks on vital interests and energy chokepoints if its infrastructure is threatened. Treasury Secretary Scott Bessent said countries continuing to trade with Tehran could lose access to the dollar system, while China and Russia rejected the pressure campaign.

25 Aug 2026 6:41 am