US turns focus to Asia over Iran trade after milking European banks
US authorities say they are turning their focus to Asia to strangle financial transactions with Iran after closing off money flows through European banks. The shift underscores the current US administration’s disdain for a landmark nuclear deal which should have paved the way for Iran’s reconnection to the international banking system./ Iran has found a new channel for its illicit transactions/ After milking billions of dollars from European banks for processing Iranian transactions, US enforcers are reportedly targeting lenders in South ...
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