The US Treasury Secretary has announced plans to impose sanctions on another bank as part of efforts to economically isolate Iran. This move is intended to intensify economic pressure on the country. The Treasury Secretary made this announcement ahead of meetings with counterparts from major economies, where cooperation against Iran will be discussed.
Further details about the planned sanctions are available from the source. The US administration recently shifted its approach from military strikes to economic pressure in its actions against Iran.
The meetings where the US will encourage cooperation against Iran are part of the Group of 20 meetings.
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