The Wall Street Journal | Ian Talleyin Abu Dhabi andLaurence Normanin Brussels: The Trump administration, days before imposing sanctions aimed at the heart of Irans economy, is wrestling with a decision critical to its pressure campaign: How hard to push European allies to cut off the country from the global banking system.
Treasury Secretary Steven Mnuchin signaled that the U.S. may not force Belgium-based financial-messaging service Swift to disconnect Iranian banks from the global banking network.