US readies new Iranian bank sanctions to intensify pressure amid stalled talks
TL;DR Summary
The US plans to sanction another Iranian bank this week as part of a widening campaign to economically pressure Tehran amid stalled truce talks, with officials hinting at cutting a financial institution from the dollar system; Washington has already sanctioned nearly 60 Iran-linked individuals and entities and aims to coordinate with G20 partners, including China, to intensify pressure as tensions and retaliatory actions continue.
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