GeopoliticsNotableConfirmedDeveloping
6.9
US sanctions Turkish bank, subsidiaries in renewed Iran pressure campaign
Al-Monitor·US · TR · IR·about 7 hours ago
The US Treasury sanctioned Turkish investment bank Golden Global and two subsidiaries for facilitating China-Iran trade linked to the IRGC Quds Force. This is the first such action against a Turkish bank in the current pressure campaign, signaling expanded enforcement. The move may strain US-Turkey relations and deter other regional banks from Iran-related transactions.
Locations
Entities