Israel attacks Lebanon as US prepares fresh Iran sanctions - FXStreet
Source: FXStreet
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DW NOTE
Israel continues to strike Lebanon weeks after signing two separate US-brokered truces in June, while the US prepares more sanctions on an Iran that already shut the Strait of Hormuz two months ago. Sanctions impose costs on countries that still trade; Iran stopped exporting oil through Hormuz on June 20.
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The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des
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