"If Iranian money flows through your accounts, we are willing put secondary sanctions": US warns Chinese banks

Iran Herald · April 15, 2026 Sanctions

Washington DC [US], April 16 (ANI): United States Secretary of the Treasury Scott Bessent on Wednesday (local time) warned that the US is prepared to impose secondary sanctions on Chinese financial institutions if they are found facilitating Iranian financial flows. 'Iran used to be the largest state sponsor of terrorism.

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