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The Economic Times
The Economic Times
National

Iran vows 'devastating' response as US threatens toughest ever economic hit

Dubai/Washington: Iran said on Friday that its response to any new U.S. threats would be "devastating" after Washington pledged to impose the toughest financial ​penalties in history with the aim of toppling the Iranian leadership.

U.S. ​Treasury chief Scott Bessent said he would give details on Monday of the planned sanctions, which follow a warning from President Donald ​Trump of economic consequences against any country that provided "any type of lifeline to Iran."

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