US Sanctions Iran, Threatens Dollar Access for Money Laundering Enablers

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The US announced new sanctions targeting Iran, with Treasury Secretary Scott Bessent warning that entities laundering Iranian money will lose access to the US dollar system. Bessent stated Monday that any entity facilitating money laundering for Iran will be removed from the dollar system, saying "the clock just started ticking." The sanctions target countries, financial institutions, businesses, shipping networks, and intermediaries providing Iran access to international commerce. The measures aim to isolate Iran economically and collapse its regime, escalating pressure months into the conflict. The announcement follows broader US actions against Iran's financial infrastructure.


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US Sanctions Iran, Threatens Dollar Access for Money Laundering Enablers | News Minimalist