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World · 21 August 2026

Trump orders crushing economic operation against Iran

Trump orders crushing economic operation against Iran

Donald Trump has ordered what he calls a crushing economic operation against Iran, with Treasury Secretary Scott Bessent promising isolation on a scale never seen before and further measures in the coming days. Tehran insists the Strait of Hormuz remains under its control after Trump claimed America owns the waterway. Qatar says an Iran-Oman shipping agreement could reopen the path to talks.

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