Hong Kong banks dependent on SWIFT are warned of new US sanctions

by | Apr 16, 2026 | Asia

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The United States has threatened to impose sanctions on Chinese banks if they are found to be involved in handling money from Iran’s oil trade payments, marking a sharp escalation in efforts to tighten financial pressure on Tehran. The warning came after the US military began blocking ships linked to Iranian trade from docking at […]

The post Hong Kong banks dependent on SWIFT are warned of new US sanctions appeared first on Asia Times.

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Written by Albert Pham, News Curator and Blogger

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