The Trump administration is sending letters to banks in four areas about handling Iranian money.The letter obtained by FOX Business says the Treasury Department has evidence that banks in Oman, the UAE, Hong Kong and China have allowed Iranian funds used for illicit activities to be funneled through them.A senior administration official not authorized to speak publicly says this is the first step to adding secondary sanctions on those banks, which would cut them off from the U.S. financial system.CHINA EMERGES AS UNEXPECTED PLAYER IN TRUMP’S IRAN DIPLOMACY PUSH"Now is the time to finally disab...
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