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Washington monitors Iran's financial flows

Washington monitors Iran's financial flows

The United States has expanded its economic sanctions on Iran to include five vital sectors: digital assets, technology, gold, aviation, and maritime shipping. These measures aim to close the channels Iran uses to sustain its international trade and evade sanctions by imposing penalties on entities and individuals linked to its nuclear activities, missile program, and security threats. They also prohibit transactions in dollars and the use of American banks. Additionally, the sanctions involve the blacklisting of Iranian oil tankers and prevent companies cooperating with Iran from accessing the U.S. financial system. Washington is exerting pressure on countries and firms to cease dealings with Tehran, with a particular focus on China, the largest importer of Iranian oil. This move is part of Washington's strategy to gradually increase pressure on Iran, providing a grace period for countries and companies to end their dealings with Tehran before implementing harsher measures.

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