Gog Coalition

US hits Iran’s financial sector with fresh round of sanctions

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Tensions between Washington and Tehran have soared since US President Donald Trump unilaterally withdrew in 2018 from the 2015 Iran nuclear deal struck by his predecessor.

The United States on Thursday slapped fresh sanctions on Iran’s financial sector, targeting 18 Iranian banks in an effort to further shut Iran out of the global banking system as Washington ramps up pressure on Tehran weeks ahead of the US election.

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