Middle East: Of the major US announcements against Iran, only vague threats remain
"Economic D-Day", "Operation economic outcast" - the USA wanted to bring Iran's economy to its knees. But it remains with warnings.
US Finance Minister Scott Bessent has announced that countries still trading with Iran will face secondary sanctions, in a press conference in Washington. The US aims to cut off every economic lifeline that supports the Iranian regime, with a focus on digital assets, technology, gold, aviation, and shipping. Almost 60 companies, individuals, and ships have been sanctioned, with more to follow, and Bessent expects other countries to take similar measures, citing the United Arab Emirates' recent decision to suspend all trade and financial transactions with Iran.
The US is seeking a system with no loopholes, and will exclude any organization that enables money laundering for Iran from the US dollar system.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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