U.S. hesitates over scope of finance sanctions on Iran

The Wall Street Journal | Ian Talley in Abu Dhabi and Laurence Norman in Brussels: The Trump administration, days before imposing sanctions aimed at the heart of Iran’s 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.


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