US Treasury announces new Iran sanctions targeting evasion networks

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US Treasury Secretary Scott Bessent announced new sanctions against Iran on Monday, targeting the Islamic Republic and its supporters. The operation, ordered by President Trump, will more aggressively target companies and countries helping Tehran evade existing sanctions. All businesses assisting Iran with money laundering will be removed from the US dollar-based financial system, expanding secondary sanctions against foreign entities. The new measures cover several key sectors, including digital assets, gold, aviation, technology, and shipping, according to CBS News.


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