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U.S. Treasury disrupts Iran’s shadow banking and crypto access, costing tens of billions in revenue.

US Treasury Secretary Bessent via X: The Treasury is targeting Iran's shadow banking network and cryptocurrency access, with recent measures having disrupted tens of billions of dollars in Iranian revenue.

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US Treasury Secretary Bessent via X: The Treasury is targeting Iran's shadow banking network and cryptocurrency access, with recent measures having disrupted tens of billions of dollars in Iranian revenue.

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President Donald Trump orders aides to prepare for an extended blockade of Iranian ports to further restrict shipping and increase economic pressure on Tehran, according to The Wall Street Journal.

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Iran's ambassador to Cairo says Russia could guarantee a future deal with the U.S., while warning that Tehran will not negotiate its missile program or regional alliances. Iran also threatens to impose transit fees in the Strait of Hormuz if reparations are not paid.

Iran's Ambassador to Cairo, Mojtaba Ferdousi Pour, stated that Russia could act as a guarantor for a potential agreement between Iran and the U.S., while asserting that Iran will not negotiate its missile program or regional alliances. He further warned that Iran may impose transit fees in the Strait of Hormuz if the U.S. and Israel do not pay reparations.

President Donald Trump says Iran is seeking the reopening of the Strait of Hormuz as soon as possible. The remarks follow recent diplomatic discussions regarding regional maritime transit.

President Donald Trump stated that Iran is seeking the reopening of the Strait of Hormuz as soon as possible.

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