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Washington reaffirms use of sanctions to target Iran’s financial arteries as compensation for military failure

Washington reaffirms use of sanctions to target Iran’s financial arteries as compensation for military failure

The United States continues to use economic sanctions as a means to target Iranian financial networks, following their failure to achieve military results in the Strait of Hormuz. The U.S. Treasury Department announced a new set of sanctions targeting individuals and Iranian companies, focusing on businessman Ali Ansari, whom Washington claims manages a financial network linking Iran with European countries, and which exploits financial tools and currency exchange companies to fund activities of the Axis of Resistance. The measures indicate that these networks have succeeded in manipulating financial transfers despite ongoing American pressure.

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