world ποΈ US eyes new bank sanctions on Iran
The US is planning to sanction another bank this week to keep economic pressure on Tehran amidst deadlocked truce talks. Treasury Secretary Scott Bessent confirmed this move while in an interview with The Associated Press on Sunday. The US previously cut off Basque Misr's operations from the US financial system after accusing it of dealing with Iran. Bessent stated that further steps could involve completely cutting institutions off from the dollar-based financial system. Washington is escalating 'Operation Economic Outcast' while preparing for a G20 finance leaders meeting. πΈ