Bessent Tightens Screws on Iran’s Banks as Gas Holds at $4.33, TheStreet
2026年10月20日TheStreet cited a Morgan Lewis LawFlash authored by partners Katelyn Hilferty and Carl Valenstein, of counsel Christian Contardo, and associates Eli Rymland-Kelly and Moshe Klein about the US Treasury Department’s expanding sanctions campaign against Iran under Operation Economic Outcast.
The article draws on the Morgan Lewis analysis of the campaign’s escalating scope, including the designation of more than 100 Iran-linked targets across multiple sectors and restrictions involving Russia’s A7 payment platform. It also references the LawFlash’s discussion of heightened secondary sanctions risks for foreign financial institutions maintaining relationships with Iranian banks, underscoring the growing compliance exposure for businesses and financial intermediaries operating outside of the United States.