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Translated regional report

US Treasury's efforts to intimidate financial institutions from cooperating…

Automated translation and editorial curation by Middle East CatchSite publication

Original report: Fars News AgencyOriginal publication Editorial policy

Fars News Agency

US Treasury's efforts to intimidate financial institutions from cooperating with Iran 🔹 The US Treasury announced today that it will cut off access for the "Bank of Egypt, UAE Branch" to brokerage accounts in US financial institutions. 🔹 The Treasury also announced that it has added the name of the manager of the National Bank of Iran's Dubai branch and a Hong Kong-based company to the sanctions list. 🔹 The US Treasury stated that these actions are carried out under a so-called new US sanctions policy known as "Economic Exclusion Operations." 🔹 Many sanctions experts believe that Economic Exclusion Operations are more of a propaganda war aimed at facilitating the United States' exit from the conflict following military failures rather than seeking a paradigm shift in sanction enforcement against Iran.

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