Full Detail (English News):
The U.S. Department of the Treasury has issued a strong warning to financial institutions in United Arab Emirates, Hong Kong, China, and Oman, accusing some banks in these regions of helping Iran bypass international sanctions through financial transfers.
According to US officials, these banks are allegedly facilitating transactions that allow Iranian individuals and entities to move money across borders, undermining the effectiveness of sanctions imposed on Iran. The US has urged these institutions to immediately review their financial activities, freeze suspicious Iranian-linked funds, and comply with global sanction frameworks.
Failure to take action could result in penalties, restrictions, or sanctions being imposed on the banks themselves, further escalating financial pressure.
In response, Iran has advised its citizens and businesses to explore alternative banking channels. Authorities have suggested using banks in Spain, Russia, China, and Turkey to continue international transactions without disruption.
Experts believe this development highlights growing tensions in the global financial system. While the US is tightening enforcement of its sanctions, Iran is actively seeking new ways to sustain its economy, potentially reshaping international banking dynamics.