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US plans additional sanctions targeting bank involved in Iran transactions

United StatesIran
First seen: Aug 31, 2026, 7:32 AM UTCUpdated: Aug 31, 2026, 9:16 AM UTC

US Treasury Secretary Scott Bessent told AP that the United States plans to sanction another bank as part of efforts to restrict transactions involving Iran.

The measure could further tighten financial pressure on Iran and affect cross-border banking activity.

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