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US Escalates Iran Sanctions as Tehran Threatens to Block Gulf Oil Exports

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The United States is intensifying its financial pressure on Iran by imposing new sanctions targeting countries and companies that continue to trade with Tehran. In response, Iran has threatened to halt oil exports through the Persian Gulf, a move that could have major implications for global energy markets. China has pushed back against US pressure, calling instead for diplomatic solutions to resolve the standoff. Efforts to revive negotiations between the parties remain ongoing, though rising tensions are making progress difficult.

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US Escalates Iran Sanctions as Tehran Threatens to Block Gulf Oil Exports · ShortSingh