U.S. Treasury Secretary Scott Bessent announced measures targeting Iran's shadow banking system, cryptocurrency channels, oil tanker networks, and weapons procurement systems. These actions have reportedly impacted financial flows worth billions of dollars. Bessent highlighted that under the "maximum pressure" policy, Iran's inflation has doubled and its currency has rapidly devalued. He warned that individuals or entities assisting these financial flows could face U.S. sanctions.
U.S. Treasury Targets Iran's Shadow Banking and Crypto Channels
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