WashingtonUS Treasury won’t name its next targeted bank.
Correspondent banks over-comply, so ordinary depositors absorb the harm before Tehran feels it.
Treasury Secretary Scott Bessent’s last “major institution” was Egypt’s Banque Misr, a state-owned retail bank, not a global one.
He heads into this week’s G20 finance meeting in Asheville, pressing allies to isolate Iran further.
How each outlet framed it
drawn from 60+ reports worldwide
- Al Jazeera Online
- frames sanctions as 'financial violence' and emphasizes dollar-system exclusion as the escalation mechanism
- TASS
- emphasizes secondary sanctions threats against China and other Iran-cooperating countries; warns against destabilizing the financial system
Sources: Al Jazeera Online, TASS