Updated

Iran International reported on October 22-23 that a US maritime blockade in place since mid-July has cut off oil export revenue, left Iran with millions of tons of surplus LPG it cannot sell abroad, and is squeezing trade routes through Pakistan, Iraq and Turkey, while cryptocurrency offers only limited relief for moving money. Iran's Chamber of Commerce chief called for a unified national front and pragmatic policies to protect export networks against what he termed US economic warfare. Separately, Germany's financial regulator BaFin ordered the liquidation of Bank Saderat Iran's Hamburg branch after it lost its banking license, and Greece's finance ministry said it is implementing sanctions tied to Iran following a US Treasury action against a Greek-Panamanian law firm accused of aiding Iranian shipping networks. Together the developments point to tightening financial and trade pressure on Tehran from multiple directions.