🔸The U.S. Treasury Department announced new sanctions against Iran on Thursday, 23 Mehr.

🔸According to a new statement from the U.S. Treasury Department, permission to carry out all transactions of the “International Bank for Development and Financing,” which is also known as the “Development Bank of Iraq,” or any entity that holds, directly or indirectly, 50 percent or more of the “Development Bank of Iraq,” with the accounts of individuals, entities, and organizations that are linked to Iran and are under sanctions, will be valid for only two more weeks—that is, until the end of Friday, October 30—and will be prohibited thereafter.

🔸The statement says the U.S. Treasury Department does not authorize any transactions that are prohibited under the ITSR regulations—including transactions related to any sanctioned person (except for certain specified exceptions)—unless a separate license has been issued for it.