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US sanctions to target 50 Iranian banks and their subsidiaries

Bloomberg has reported the below-seen highlights from the recently published official statement detailing the Iran sanctions.

  • U.S. says targets 50 Iranian banks and their subsidiaries.
  • Sanctions target more than 200 individuals and ships in Iran’s shipping and energy sectors.
  • Imposes sanctions on Iran’s flagship airline, Iran Air, and more than 65 of its aircraft.

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