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US Likely to Announce Iran Bank Sanctions This Week, Says Bessent

· World · Reuters, Bloomberg

US officials are expected to announce new sanctions targeting Iranian banks as early as this week. The upcoming financial measures form part of broader efforts by Washington to exert economic pressure on Tehran. The report does not specify the exact financial institutions or the specific nature of the restrictions.

Why it matters

New financial sanctions against Iran will further restrict its access to the global banking system and impact international trade channels.

Read the original report — Reuters

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