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US Tells Iran’s Trade Partners to Cut Ties or Face Sanctions
Bloomberg Television· 2026-08-24 21:36
The US Treasury Secretary Scott Besson unveiled new plans today aimed at countries that do business with Iran in a bid to ramp up the pressure amidst stalled talks. He says the US will end dollar access to those laundering Iranian money and is broadening secondary sanction risks to anyone who offers Iran a financial lifeline. He added the Treasury Department is sanctioning 60 individuals and entities and to expect a major financial institution to be sanctioned by the end of the week.In response to China, th ...