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The Trump administration is escalating its economic warfare against Iran, announcing an "unprecedented" level of sanctions and isolation. This intensified campaign aims to compel Iran's leadership to cease its nuclear program and fully reopen the critical Strait of Hormuz for oil and natural gas shipments.

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If you insist on doing business with them, then the US Treasury and US government will put its full might and force against you.

This strategy emerges as President Donald Trump confronts dwindling resources in an increasingly unpopular war, with pivotal midterm elections looming. The administration's focus has shifted to crippling Iran's economy through an accelerated sanctions campaign, targeting one of the world's most economically penalized nations.

Treasury Secretary Scott Bessent hinted at the plan's details, threatening secondary sanctions on countries and companies conducting business with Iran. While specific targets were not named, Bessent stated that the U.S. Treasury would apply "full might and force" against any entity engaging with Iran, urging global allies to make a decision.

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It’s time for our allies and the rest of the world to make a decision.

Despite decades of existing sanctions, the Trump administration believes that striking the right economic targets will push Iran to a breaking point. Analysts like Richard Goldberg argue that recent events, including strikes on nuclear sites, the ongoing war, and naval blockades, have created a unique situation ripe for Iran's capitulation, potentially leading to the end of the current regime.

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I think we’re watching a strategy, whether it takes a short time or a long time, that is very much about fundamentally changing the future of the world by seeing the end of this regime.