The United States has issued warnings about the potential imposition of sanctions targeting several banks situated in China, Hong Kong, the United Arab Emirates, and Oman. This action stems from suspicions that financial entities in these nations are maintaining business relationships with Iran.
Reportedly, U.S. authorities dispatched relevant notifications to these financial institutions, highlighting the dangers associated with collaborating with the Iranian side. The documentation explicitly stresses the likelihood of secondary sanctions being enacted should these transactions persist.
According to State Department estimations, in 2024, Iran channeled a minimum of nine billion U.S. dollars through correspondent accounts in the United States, leveraging a network of shell corporations. The majority of these alleged structures, it is claimed, were incorporated in Hong Kong and the United Arab Emirates.
Previously, the U.S. administration made the decision to partially ease previously enacted unilateral restrictions that applied to a number of banking institutions and governmental bodies in Venezuela.
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