US ramps up pressure on Iran with sanctions
Fast facts
- Category: United Kingdom
- Language: EN
- Published: 2026-04-28 17:18 UTC
- Sources: The Independent
The US has imposed sanctions on 35 shadow banking entities in Iran, as well as threatened banks doing business with Chinese refineries accused of paying tolls for passage through the Strait of Hormuz. Reuters reports that the sanctions are aimed at cutting off Iran's access to international financial markets.
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