jordan pulse : The United States imposed new Iran-related sanctions on an individual and an entity on Friday, fulfilling a warning issued days prior by U.S. Treasury Secretary Scott Bessent to take further action amid the ongoing war.
According to an published on the U.S. Department of the Treasury website, the newly targeted sanctions apply to an individual associated with Iran's Bank Melli and a Hong Kong-based entity.
Additionally, the Treasury Department is preparing to revoke access to the U.S. financial system for UAE-based branches of Banque Misr.
The department also placed strict operational restrictions on an Egyptian bank over its transactions involving Iran.
Reuters

jordan pulse : The United States imposed new Iran-related sanctions on an individual and an entity on Friday, fulfilling a warning issued days prior by U.S. Treasury Secretary Scott Bessent to take further action amid the ongoing war.
According to an published on the U.S. Department of the Treasury website, the newly targeted sanctions apply to an individual associated with Iran's Bank Melli and a Hong Kong-based entity.
Additionally, the Treasury Department is preparing to revoke access to the U.S. financial system for UAE-based branches of Banque Misr.
The department also placed strict operational restrictions on an Egyptian bank over its transactions involving Iran.
Reuters

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