US Sanctions Russia's VTB for Aiding Iran's Evasion of Financial Blockade

The US Treasury has sanctioned Russia's second-largest bank, VTB, for allegedly helping Iran circumvent financial restrictions, under the 'Operation Economic Outcast' campaign launched in August. This marks a notable escalation in US pressure targeting Russian financial institutions for their role in supporting Iran amid ongoing conflict. The move signals tighter enforcement of sanctions and could strain US-Russia relations further.