Shea Levin — text status

The Trump administration rolled out new Iran-related financial measures Friday as the U.S.-Iran war reached the six-month mark. The U.S. Treasury imposed sanctions on a Hong Kong-based entity and an individual linked to Iran’s Bank Melli. Separately, Washington is moving to restrict Egypt’s Banque Misr over its dealings with Iran, including a proposed measure that would cut the bank’s UAE branches off from correspondent banking with U.S. financial institutions, Reuters reports.