US sanctions Iranian foreign currency exchange, international front companies
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.
“Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes,” said Scott Bessent, Secretary of the Treasury.
Explosions were heard on Qeshm Island, where air defenses had been triggered, and pro-regime protesters chanted against Israel and the UAE, following US warnings of possible strikes.
The bill, titled “Reciprocal action by military and security forces of the Islamic Republic,” is one of several pieces of legislation aimed at formalizing the threats made by the regime.
Earlier on Monday, Trump mentioned in a Truth Social post that leaders of Gulf states had requested that he hold off on striking Iran.
This comes as a response to US President Donald Trump, who said on Monday he had paused a planned attack against Iran after Tehran sent a peace proposal to Washington.
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"There seems to be a very good chance that they can work something out. If we can do that without bombing the hell out of them, I would be very happy," Trump told reporters.
Ships transiting the Strait of Hormuz now face tolls and strict Iranian oversight as Tehran launches the Persian Gulf Strait Authority, with JPMorgan forecasting 11‑figure annual revenue from tolls.
Radan also claimed that the regime’s security forces had killed “166 armed and professional thieves” who were taking advantage of wartime conditions and who resisted arrest.
Kosar Eftekhari, who was shot in the eye by the Islamic regime for participating in the Women, Life, Freedom protests, was attacked in Germany last week by supporters of Khamenei.
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