US sanctions Iranian financier Babak Zanjani’s network amid Trump threats

The United States has imposed sanctions on Iranian financier Babak Zanjani’s network, intensifying pressure on Iran amid escalating tensions. The sanctions target four individuals and nine entities linked to Zanjani, a key figure in Iran’s efforts to circumvent financial restrictions. This action is part of a broader strategy involving economic measures rather than direct military engagement, as the U.S. seeks to curb Iran’s financial activities supporting the IRGC. The timing coincides with increased threats from the U.S. administration, led by President Donald Trump, against Iran, which may further strain diplomatic efforts, including those focusing on nuclear negotiations. Key Takeaways The sanctioning of Zanjani’s network suggests increased U.S. pressure on Iran, with implications for ongoing nuclear deal negotiations. Market odds for reaching a U.S.-Iran nuclear agreement by August 13 have decreased, reflecting skepticism about imminent diplomatic breakthroughs. Recent developments appear consistent with scenarios where U.S. policy actions complicate the path toward a final nuclear agreement. What to Watch Watch for any statements from key figures such as Trump or Iran’s Supre...