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US sanctions intensify pressure on Iran, including action against Egyptian bank affiliate

Reports indicate US sanctions are worsening inflation and costs in Iran. The US Treasury also sanctioned an Egyptian bank affiliate over alleged financial triangulation involving Iran, while reports cite severe war-related losses.

By DoomRadar · Published on DoomRadar .

Why it matters

Expanded sanctions and worsening economic conditions could deepen Iran’s financial isolation and regional tensions.

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  1. Iran's economy strains as war, US sanctions intensify ↗dailysabah.com · Recorded source date: Aug 29, 2026, 2:47 PM UTC

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