Jerusalem Post

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BREAKING NEWS

US slaps sanctions on Iranian state-owned bank

By REUTERS

JANUARY 23, 2012 20:23

WASHINGTON - The Obama administration on Monday imposed sanctions on Iran's third largest bank, making it harder for Tehran to access the world's financial system.

Iran's Bank Tejarat, and an affiliate Trade Capital Bank, were blacklisted for providing financial services to other entities already sanctioned for their involvement with the country's nuclear weapons program, the US said.

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