US expands Iran-related secondary sanctions threat, aims to 'sever every economic lifeline'
The United States has announced an expansion of Iran-related secondary sanctions, with officials stating the goal is to 'sever every economic lifeline' sustaining Iran. This comes as talks between the U.S. and Iran were reportedly called off following intense fighting between Israel and Hezbollah in southern Lebanon. The new sanctions are expected to target sectors including technology, gold, aviation, and shipping, with warnings that countries allowing Iran money laundering will be removed from the US dollar system.
Want more?
Open NewsSnap.ai for the full app experience, including audio, personalization, and more news tools.