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U.S. Sanctions Target Iran’s Global Web | South Korea News
The U.S. has launched Operation Economic Outcast, a sweeping sanctions campaign targeting Iran’s global financial networks — including digital assets, gold, shipping, and aviation — with secondary penalties that could ensnare foreign companies doing business indirectly. South Korea is on high alert as its firms risk exposure through partners in China or Hong Kong, potentially tied to Iranian oil flows. The government is coordinating across ministries, engaging with the U.S. State Department, and urging businesses to brace for enforcement — with clear deadlines looming for compliance. Listen…
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