The United States said that it may be preparing for a “financial bombing” of Iran. This will entail applying secondary sanctions on financial institutions that do business with Tehran. U.S. Treasury Secretary Scott Bessent warned on Wednesday that the U.S. is preparing to ramp up economic pain on Iran by levying secondary sanctions on financial institutions that do business with the Middle Eastern nation, according to the Associated Press News (AP News). Bessent called the measure the “financial equivalent” of the bombing campaign. U.S. President Donald Trump also claimed that China has agreed not to supply Iran with any weapons to be…

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