Iran’s financial isolation deepens as banks struggle under sanctions - The Jerusalem Post
Iran’s financial isolation deepens as banks struggle under sanctions - The Jerusalem Post
Source: The Jerusalem Post
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DW NOTE
Iran's banks can't access SWIFT, can't clear dollars, and can't settle cross-border payments without exposing counterparties to secondary sanctions. That isn't new financial isolation — it's the same chokehold that's been in place since 2018, now compounded by the fact that the regime has shut the Strait of Hormuz for six months and still won't reopen it. Financial exclusion is a feature, not a bug.