US sanctions Iranian foreign currency exchange, international front companies
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Source: The Jerusalem Post
Published: 2026-05-20 06:03 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Iran, World News, Business & Economy
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Snippet:
The US Treasury Department's Office of Foreign Assets Control (OFAC) imposed sanctions on an Iranian foreign currency exchange house and associated front companies on Tuesday, saying they oversee hundreds of millions of dollars on behalf of already-sanctioned Iranian banks.
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