Iraq – US sanctions on 18 banks to restrict the Iranian economic system.

Baghdad- Iraq 11.10.2020

The United States of America imposed new financial sanctions on the Iranian banking sector, targeting 18 banks. This step considers that the entire Iranian financial sector has been added to the list of being prohibited to deal with. Experts stated that the imposition of new US sanctions will restrict the economy of the Iranian government, as Iran is approaching the economic collapse. Experts added that the US President, Donald Trump, always takes the economy as a tool towards any political issue, as it is the strongest arm to strike any country or any party trying to deviate from American politics.