The US Treasury Department preparing to impose more sanctions on the Islamic Republic of Iran

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Reuters quoted a State Department spokesman as saying that Andrea Gacki, director of the US Treasury Department’s Office of Foreign Assets Control, would travel to the UAE next week to brief and warn companies and private banks on the serious risks of violating trade sanctions against the Islamic regime of Iran.

Earlier in the day, the Wall Street Journal quoted a senior US government official as saying that with the suspension of nuclear talks, the Biden administration would send a delegation team to the UAE next week to step up sanctions against the Islamic regime of Iran.

According to the report, Andrea Gacki, director of the US Treasury Department’s Office of Foreign Assets Control, will travel to the UAE to warn companies and private banks in the UAE of the serious danger if sanctions are violated.

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