US sanctions ‘shadow banking network’ that helps Iran’s military

26 June, 2024, 10:00 pm

Last modified: 26 June, 2024, 10:00 pm

US sanctions ‘shadow banking network’ that helps Iran’s military

26 June, 2024, 10:00 pm

Last modified: 26 June, 2024, 10:00 pm

The United States Department of the Treasury has announced economic sanctions on 50 people and firms across Hong Kong, the United Arab Emirates and the Marshall Islands that it claims have been acting as a "sprawling shadow banking network" for Iran's military.

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