The United States imposed new sanctions Friday on three Iranian foreign currency exchange firms, in an effort to target Tehran’s “financial lifelines” in the Middle East war.
 |
| Source: Unsplash |
The US Treasury Department warned in a separate statement against paying a “toll” to Iran’s government in exchange for safe passage through the Strait of Hormuz, saying this could trigger sanctions.
Tehran has virtually blocked the Strait of Hormuz, a key waterway for energy transit, since US-Israeli strikes on Iran from late February. - AFP