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US sanctions Turkish bank for gold-smuggling payments to Iran
bne IntelliNews·US · TR · IR·about 18 hours ago
Iran's Supreme National Security Council has announced a new 'exclusion zone' in the Persian Gulf, threatening sanctions against vessels entering the area. This escalates regional tensions and could disrupt maritime traffic in a critical oil shipping lane. The scope and enforcement of the zone remain unclear, raising concerns about potential conflict and economic impact.
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