Washington halts Iran money transfers affecting families

The United States has imposed new restrictions on sending money to Iran, as the U.S. Treasury Department has suspended a prior exemption that allowed for non-commercial personal transfers through third-party intermediaries in a third country. There was a general license permitting these transfers, but it has now been revoked, requiring individuals wishing to perform these transfers to apply for a specific license from the Office of Foreign Assets Control. This move is part of ongoing economic pressure policies against Iran.

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