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US puts weekly secondary sanctions targeting Iranian banks on the agenda
Livemint (Markets)

要点
- US Treasury Secretary Scott Bessent announced that weekly secondary sanctions against Iran will be announced.
- The initial target of the sanctions will be Iranian banks.
- The decision is part of a strategy to increase economic pressure on Iran.
US Treasury Secretary Scott Bessent announced on Sunday that new weekly secondary sanctions would be announced to increase economic pressure on Iran, stating that banks would be targeted initially.
This step comes amid rising tensions due to Iran's nuclear program and regional activities. The Treasury Secretary signaled that the financial system is being targeted by stating that the sanctions would 'start with banks.'
Experts emphasize that these weekly announcements could further isolate the Iranian economy, but that diplomatic solution paths are not closed.
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- What happened?
- The US Treasury Secretary announced that weekly secondary sanctions targeting Iranian banks will begin.
- Who will be affected?
- In the first phase, Iranian banks and financial institutions will be targeted.
- What will happen next?
- New weekly sanction packages are expected, while diplomatic talks continue.
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