US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran

Diplomacy

What to know

  • The U.S. Treasury has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.S1
  • The United States sanctioned Golden Global Investment Bank, a relatively small Turkish firm, after Treasury Secretary Scott Bessent vowed to further isolate Iran’s economy amid the ongoing war by going after trading partners.S2
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1mo Click2houston

US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran

The U.S. Treasury has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.

1mo Bloomberg

US Sanctions Small Turkish Investment Bank Over Iran Links

The United States sanctioned Golden Global Investment Bank, a relatively small Turkish firm, after Treasury Secretary Scott Bessent vowed to further isolate Iran’s economy amid the…

US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran

2 outlets 2 reports

What to know

  • The U.S. Treasury has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.S1
  • The United States sanctioned Golden Global Investment Bank, a relatively small Turkish firm, after Treasury Secretary Scott Bessent vowed to further isolate Iran’s economy amid the ongoing war by going after trading partners.S2
Timeline · newest first

Sources · 2 citations

S1 Click2houston 1 report · EN
S2 BloombergLead 1 report · EN