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The Economic Times

National / The Economic Times

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Bessent's D-Day sanctions are more Anzio, but Iran response is key

US sanctions announced by Treasury Secretary Scott Bessent aim to pressure Iran and countries doing business with it, but their gradual approach may limit their impact. Iran has previously evaded sanctions through front companies and Chinese ties, while reduced oil exports and Strait of Hormuz tensions could keep crude markets on edge.

25 Aug 2026 6:52 am