2 Days
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المشهد العربي
Bisent expects ongoing weekly Iran sanctions
U.S. Treasury Secretary Scott Bissent expected secondary sanctions to be imposed weekly to increase economic pressure on Iran, initially focused on banks. This comes after sanctions were imposed on a branch of Bank of Egypt in the UAE due to financial ties with Iran. He stated that the next step might involve isolating an entire institution from the dollar-based financial system, with more measures anticipated weekly.
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