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State Dept.: U.S. Sanctions Sever Financial Lifelines of Iranian Regime
August 29, 2026
WASHINGTON, Aug. 29 -- The U.S. State Department issued the following statement on Aug. 28, 2026, by Principal Deputy Spokesperson Tommy Pigott:

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U.S. Sanctions Sever Financial Lifelines of Iranian Regime

Operation Economic Outcast continues in full force. Today, the United States is imposing sanctions on the manager of the Dubai branch of Iran's Bank Melli, Reza Mohammad Taeedi. Bank Melli has served as a critical financial hub for Iran's ar . . .

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