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UK Tightens Sanctions on Iranian Banks in US Pressure Campaign

Source: Bloomberg

Sanctions & Export ControlsGeopolitics & WarBanking & Liquidity

The UK is tightening sanctions on Iranian banks, joining a US-led economic-pressure campaign intended to compel Tehran to sign an agreement ending the Middle East conflict. The measures raise risks to Iranian financial-sector liquidity and cross-border transactions, while potentially increasing regional geopolitical and energy-market risk.

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