US sanctions Turkish bank over Iran-linked activities

1 min read
Source: apnews.com
US sanctions Turkish bank over Iran-linked activities
Photo: apnews.com
TL;DR Summary

The U.S. Treasury sanctioned Golden Global Investment Bank in Istanbul for helping Iran evade sanctions, part of Washington’s broader effort to curb Tehran’s access to international finance; the same period saw Halkbank reach a settlement with the U.S. DOJ in a nine-year Iran-sanctions case, highlighting ongoing strains in U.S.–Turkey relations as sanctions enforcement continues around Iran.

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