Iran War: Further Admission of Weakness With New Super Duper Trump Sanctions Threat; Israel Moves Against Turkiye Risk Broader Conflagration; Bessent at Odds with Fed in Move to Contain Longer-Dated Treasury Yields

Source: Nakedcapitalism.com· Yves Smith· August 20, 2026

Today's Iran war news: More proof of Trump impotence via sanctions huffing and puffing, plus Bessent weirdly going to war with the Fed.

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