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Source: http://www.treasury.gov/press/releases/tg753.htm
U.S.: Iran Sanctions Having an Effect
(U.S. Treasury Department) Treasury Undersecretary for Terrorism and Financial Intelligence Stuart Levey testified before the Senate Foreign Relations Committee on Tuesday: "Virtually all major financial institutions have either completely cut off or dramatically reduced their ties with Iran. We are now starting to see companies across a range of sectors, including insurance, consulting, energy, and manufacturing, make similar decisions....The impact of these actions on Iran has been significant, and is deepening."