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Oil-trade

Will Trump’s new economic sanctions against Iran work?
Will Trump’s new economic sanctions against Iran work?
More than six months after US President Donald Trump promised a swift victory against Iran, the war remains effectively deadlocked. The prospects of either a military victory or a negotiated settlement are also growing increasingly slim. To break the deadlock, Trump has threatened to launch an “economic D Day” to isolate Iran. Under the plan, he warned that any country doing business with Iran would face “terrible” economic consequences. However, Iran has been under US sanctions for decad...
World•21 August 2026