U.S. plans to sanction another bank in effort to clamp down on Iran transactions, Bessent tells AP

The United States is planning to sanction another bank to further restrict financial transactions involving Iran. As PBS NewsHour tells it, Scott Bessent described the approach as "financial violence" intended to signal that the U.S. is monitoring these activities. The move is part of a broader effort to clamp down on the flow of funds to the Iranian government.

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