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On August 22, 2026, Iran warned that any country joining new US sanctions would be considered an enemy, escalating hostile rhetoric between Washington and Tehran. The US is preparing new sanctions targeting Iran's economy, including potential measures against Chinese banks and refineries. Iran has specifically threatened neighboring countries and Gulf states against participating in what it calls Washington's 'economic war'. An Iranian official also warned of attacks on other oil export routes if Gulf countries support US sanctions. Oil prices have risen in response to the escalating tensions.
by WorldBrief & Maksim Micheliov | AI-generated summary
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