Central Bank of Iran faces ‘crippling sanctions’ from US

Capitol Hill in Washington DC

US lawmakers on Monday called on President Barack Obama to impose "crippling sanctions" on the Iranian central bank in a bid to isolate it from the financial system.

In a letter published by the Wall Street Journal and dated August 9, ninety senators urged President Obama to embark on a "comprehensive strategy" to pressure Iran's financial system by "cutting off" the Central Bank of Iran.

"The Iranian regime continues to pursue avenues to circumvent both US and multilateral sanctions. In the

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