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Pinky Promise

Pinky Promise By Molly Schwarz, cross-asset macro strategist at Rabobank Iran is feeling some of the economic pressure of Bessent’s “Operation Economic Outcast” with reports from Al-Hadath suggesting that Iran has agreed to halt uranium enrichment in exchange for the relaxing of US sanctions. This, of course, is the uranium that Iran was apparently never enriching, and even if they were enriching it in facilities that no one is allowed to check, it would only be for peaceful purposes. Pinky promise. But, should these reports be verified, this could suggest some meaningful...
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