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The U.S. Treasury Department announced the expansion of sanctions on Iran to include the digital assets, technology, and shipping sectors, aiming to pressure Tehran's regime economically. Treasury Secretary Scott Pruitt explained that Washington will cooperate with countries around the world to halt their activities related to Iran, without specifying any definitive timelines for severing ties, while issuing warnings of sanctions against countries that continue their economic relations with Tehran. He affirmed that the goal is to isolate Iran financially, and that the sanctions could also target Chinese banks if they assist in converting Iranian oil into money. China, which purchases up to 90% of Iran's oil exports, is considered a key country in this context.
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