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War weighs on Iran's economy as U.S. intensifies sanctions

Source: The Hindu
Category: Business
Region: India
Published: August 29, 2026 at 07:50

πŸ“ Summary

Washington has warned countries to β€Œcut their business ties with Iran or face secondary sanctions, though the Treasury Department stopped short of imposing β€Œpenalties ⁠against major Iranian trade partners such as China and India,

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🏷️ Keywords:
iran sanctions weighs economy intensifies washington warned countries business

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