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US targets Egyptian bank's UAE branches under new push for Iran's economic isolation

Middle East 2 sources 2 countries 🔦 Under-reported 10m ago

The Trump administration is taking steps to limit the operations of an Egyptian bank's branches in the United Arab Emirates. The financial institution is accused by the U.S. government of serving as an economic lifeline to Tehran's leadership.

This action is part of a broader U.S. initiative aimed at achieving the economic isolation of Iran. The measures coincide with a milestone in the ongoing conflict, marking the six-month mark of the U.S. war against Iran.

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Read the full story at the source Toronto Star (Toronto, Canada) · CA
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