US Says Gulf Allies May Be Willing to Share Iran-Linked Banking Data
Bessent said the US is actively working with allied countries in the Gulf region, noting growing openness to providing details about banking activity associated with Iranian officials.
“We are partnering with our Gulf allies,” Bessent said, adding they are “much more willing to share the bank accounts of members of the Iranian regime.”
He described the development as a step forward in US efforts to monitor and restrict financial channels tied to Iran.
Bessent also said US authorities are engaging with international banking institutions, including banks in China, in an effort to limit transactions connected to Iran.
He emphasized that purchases of Iranian goods remain prohibited under existing restrictions and warned that Washington is prepared to impose secondary sanctions on entities that violate the measures.
“We are reaching out to banks, including Chinese banks, to remind them that any Iranian goods purchases are forbidden and the dollars would be sanctioned, and we will press for secondary sanctions if there’s a problem,” he said.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
