Iranian Financial Channels Face Growing Pressure
The United States is conducting an economic pressure campaign against Iran aimed at isolating it financially by imposing restrictions on Iranian financial and banking institutions abroad. Recent measures include revoking the license of Mellat Bank branches in Turkey, restricting the activities of Bank Melli in the United Arab Emirates, and imposing restrictions on Iranian banks in the United Kingdom, with an attempt to limit Iran’s access to the international financial system. These efforts come at a time when the Iranian rial is experiencing a decline, with expectations that economic pressures will continue. They also aim to reduce Iran’s reliance on foreign banks in its trade, despite Iran’s resistance and efforts to mitigate the impact of these measures on its economy.
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