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Countries allowing Iran money laundering to be removed from US dollar system: Bessent

World News

24-08-2026 | 12:30

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Countries allowing Iran money laundering to be removed from US dollar system: Bessent

U.S. Treasury Secretary Scott Bessent said Monday that Washington would end access to the U.S. dollar system for those laundering Iranian money, as he sought to ramp up pressure targeting Tehran months into war.

"Any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system. The clock just started ticking," Bessent told reporters at a press conference.

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