Fox News(@FoxNews):The Trump administration is moving to shut another door on Iran's access to the global economy, this time targeting a financial pathway into the U.S. system. FOX News' @markpmeredith reports the Treasury Department is proposing to cut off U.S. financial system access for branches of a major Egyptian bank operating in the United Arab Emirates. The move could take effect within the next 30 days as the administration vows to do "whatever it takes" to further restrict Iran's financial access.

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Fox News@FoxNews

2026.08.29 13:24

The Trump administration is moving to shut another door on Iran's access to the global economy, this time targeting a financial pathway into the U.S. system. FOX News' @markpmeredith reports the Treasury Department is proposing to cut off U.S. financial system access for branches of a major Egyptian bank operating in the United Arab Emirates. The move could take effect within the next 30 days as the administration vows to do "whatever it takes" to further restrict Iran's financial access.