US Imposes New Sanctions on Iranian Exchange House and Shadow Fleet
The United States announced fresh sanctions targeting an Iranian foreign currency exchange house and several vessels belonging to Iran's 'shadow fleet.' These measures aim to further pressure Iran's economy and maritime operations.
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US imposes fresh sanctions on Iranian exchange house, 19 ships from shadow fleet
The Donald Trump administration on Tuesday imposed sanctions on an Iranian foreign currency exchange house and what it said were front companies overseeing transactions on behalf of Iranian banks as the US maintains pressure on Tehran. The move came after Iran said its latest peace proposal to the United States over the US-Israeli led war that started February 28 involved ending hostilities on all fronts including Lebanon, the exit of US forces from areas close to Iran, and reparations for...
By Reuters
Read full article →US imposes fresh sanctions on Iranian exchange house, shadow fleet vessels - The Straits Times
US imposes fresh sanctions on Iranian exchange house, shadow fleet vessels The Straits Times
Read full article →US sanctions Iranian foreign currency exchange, international front companies
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.
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