The U.S. is launching its most aggressive financial campaign yet against Iran, threatening to cut global allies off from the U.S. dollar system if they continue trading with Tehran. Targeting oil shippers, buyers, and even airlines, this sweeping sanctions push could hit China especially hard, as Beijing vows to defend its interests despite U.S. pressure. Iran retaliates with threats to disrupt oil shipments in the Strait of Hormuz, while Pakistan’s military chief visits Tehran in a potential bid to ease tensions — all unfolding in a high-stakes game of economic leverage and diplomatic brinkmanship.
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