- The U.S. says it will impose "the toughest sanctions in history" on Iran, with details to be announced Monday.
- Washington is urging China and other countries not to support Iran, warning of consequences for any lifelines — China buys the majority of Iran's exported oil.
- Oil prices rose on the news as officials say the economic pressure aims to avoid a wider military restart and get the Strait of Hormuz and energy markets back to normal.
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