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.
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
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