US Treasury Secretary confirms warning two Chinese banks of secondary sanctions if they deal with Iran
US Treasury Secretary Scott Bessent warned two Chinese banks that they will face secondary sanctions if evidence shows they are processing Iranian funds.
📋 Article Processing Timeline
- 📰 Published: April 16, 2026 at 06:49
- 🔍 Collected: April 16, 2026 at 07:01 (12 min after Published)
- 🤖 AI Analyzed: April 19, 2026 at 07:58 (72h 56m after Collected)
Iran-US War Key News
Central News Agency
(CNA Washington, 15th, Comprehensive Foreign Dispatch) US Treasury Secretary Scott Bessent said today that warning letters have been sent to two Chinese banks stating that they will be subjected to US secondary sanctions if they do business with Iran.
According to Bloomberg News, Bessent pointed out at a press conference held at the White House today: "Two Chinese banks have received letters from the US Treasury Department."
Bessent mentioned: "I will not disclose which two banks they are, but we told them that if we can prove Iranian funds are flowing through your accounts, we will be prepared to implement secondary sanctions."
The US Treasury Department recently threatened to impose secondary sanctions on foreign financial institutions that "continue to support Iranian activities." Bessent referred to this action as "Economic Fury," corresponding to the "Epic Fury" military operation launched by the US against Iran. (Compiler: Chen Cheng-chien) 1150416
Choose to stand with facts, every sponsorship of yours is a power to protect press freedom.
Download the Central News Agency "First Hand News" APP to grasp the latest news instantly.
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.
Central News Agency
(CNA Washington, 15th, Comprehensive Foreign Dispatch) US Treasury Secretary Scott Bessent said today that warning letters have been sent to two Chinese banks stating that they will be subjected to US secondary sanctions if they do business with Iran.
According to Bloomberg News, Bessent pointed out at a press conference held at the White House today: "Two Chinese banks have received letters from the US Treasury Department."
Bessent mentioned: "I will not disclose which two banks they are, but we told them that if we can prove Iranian funds are flowing through your accounts, we will be prepared to implement secondary sanctions."
The US Treasury Department recently threatened to impose secondary sanctions on foreign financial institutions that "continue to support Iranian activities." Bessent referred to this action as "Economic Fury," corresponding to the "Epic Fury" military operation launched by the US against Iran. (Compiler: Chen Cheng-chien) 1150416
Choose to stand with facts, every sponsorship of yours is a power to protect press freedom.
Download the Central News Agency "First Hand News" APP to grasp the latest news instantly.
The text, images, and audio/video on this website may not be reproduced, publicly broadcast, or publicly transmitted and utilized without authorization.