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Iranian Rial

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US Treasury Secretary Bessent Unveils New Iran Sanctions Amid Currency Collapse and Hormuz Tensions
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US Treasury Secretary Bessent Unveils New Iran Sanctions Amid Currency Collapse and Hormuz Tensions

worth trackingUpdated 4h ago

Key takeaway: The United States has initiated a new wave of economic sanctions against Iran, coinciding with a severe depreciation of the Iranian rial and renewed threats from Tehran to disrupt global oil transit through the Strait of Hormuz.

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