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Global Business News

The Economic Times

Global Business / The Economic Times

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US hits network of Iranian financier Zanjani with more sanctions

The United States has imposed new sanctions on nine firms and four individuals. These entities are linked to Iranian financier Babak Zanjani and his operations. They are being targeted for their efforts to evade existing American sanctions. Zanjani's conglomerate, Dot One, and associated companies in Turkey and UAE are affected. These actions aim to cut off economic access for Iranian regime elites and facilitators.

24 Jul 2026 9:51 pm