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Hong Kong banks dependent on SWIFT are warned of new US sanctions


The United States has threatened to impose sanctions on Chinese banks if they are found to be involved in handling money from Iran’s oil trade payments, marking a sharp escalation in efforts to tighten financial pressure on Tehran. The warning came after the US military began blocking ships linked to Iranian trade from docking at […]

The post Hong Kong banks dependent on SWIFT are warned of new US sanctions appeared first on Asia Times.



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