U.S. Sanctions Turkish Bank

Washington targets a Turkish bank it says helped Iran evade financial restrictions.

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U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties

US Sanctions Turkish Bank Accused of Providing Financial Lifeline to Iran

Trump promised ‘economic D-Day’ for Iran. The result isn’t what was expected | CNN Politics

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The U.S. Treasury imposed sanctions on Turkey-based Golden Global Yatirim Bankasi Anonim Sirketi and two subsidiaries, saying they were a financial lifeline for Iran by facilitating funds tied to Iranian oil sales and the Revolutionary Guard. The action is the second bank penalty under Operation Economic Outcast, the Trump administration campaign to isolate Tehran’s financial networks. Secretary of State Marco Rubio instructed U.S. diplomats to press governments to cut Iran-related financial ties, including branches of Iranian banks. Treasury Secretary Scott Bessent welcomed European Commission support for the campaign.

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