US issues fresh Iran-related sanctions as war marks six months

Washington: The ​United States issued additional targeted ​Iran-related sanctions on Friday after Treasury Secretary Scott Bessent earlier this week threatened further ‌action ⁠six months ⁠into Washington's ongoing war with Iran.

The ​Trump administration plans to impose limits on an ​Egyptian bank for doing business with Tehran and revoke U.S. financial ​access to Banque Misr's ⁠branches in ‌the United Arab Emirates, ​a ​U.S. official told Reuters. ⁠The Financial Times earlier reported the forthcoming ​action.

The official said the proposed ​rule, if finalized, would revoke Banque Misr UAE's correspondent banking access to U.S. financial institutions.


Treasury officials separately issued sanctions targeting one ‌entity based in Hong Kong and one person linked to ​Iran's ​Bank Melli, ⁠according to a notice posted on the Department of Treasury's website.

Iran has urged other ​nations not to join new U.S. sanctions.