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Today is the day Treasury Secretary Scott Besant is set to unveil new sanctions against Iran
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part of the economic D-Day President Trump has promised. Besant is set to hold a news conference today to detail what he says will be a massive new
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financial offensive against Tehran. Writing in the Financial Times, Besant calls it the
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single greatest financial offensive ever marshaled against an adversary. He says the goal is to cut
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off every economic lifeline supporting Iran's government. And he's warning countries that
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continue doing business with Tehran that they could face consequences of their own
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Iran is already warning countries not to take part. The head of Iran's top security body says
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any country that joins the U.S. economic campaign will be considered an enemy and has threatened to
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harm their interests. Iran's president, though, is still defending the memorandum of understanding
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signed with Washington in June as the best path to ending the war
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even though its 60-day deadline has expired and both sides have previously declared the deal dead
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Meanwhile, Iran and Oman are set to continue talks Tuesday over the future of the Strait of Hormuz
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The two sides have been negotiating for weeks over how ships could move through the critical waterway
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including possible fees and designated shipping routes. Music