US imposes new Iran sanctions, warns against paying Hormuz tolls
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The US Treasury Secretary said it will “relentlessly target the regime’s ability to generate, move, and repatriate funds.” WASHINGTON: The United States imposed new sanctions Friday (May 1) on three Iranian foreign currency exchange firms, in an effort to target Tehran's "financial lifelines" in the Middle East war. The US Treasury Department warned in a separate statement against paying a "toll" to Iran's government in exchange for safe passage through the Strait of Hormuz, saying this could
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