US Treasury sanctions Turkish bank Golden Global and two subsidiaries over alleged Iran ties
The US Treasury Department's Office of Foreign Assets Control placed Golden Global Yatirim Bankasi Anonim Sirketi and two subsidiaries on the Specially Designated Nationals list on Friday, cutting them off from the US financial system. Treasury alleged the bank was established to transfer Iranian oil revenues from China to Turkey and facilitated tens of millions of dollars in transactions for the IRGC-Qods Force. Treasury Secretary Scott Bessent indicated weekly sanctions on banks are likely to continue as part of Operation Economic Outcast.
- Washington Timesfirst
- Jerusalem Post+3.3 h
- Al Jazeera+12.0 h
- CNN+87.7 h
- Reuters+94.4 h
- South China Morning Post+95.8 h
- The Hill+96.5 h
- Wall Street Journal+241.8 h
Lightly covered so far
Too few outlets to map a left-right split. Here is each take as it stands.
“US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran”
“US imposes sanctions on Turkish bank, prompting legal threat”
“Treasury targets Turkey-based bank with new sanctions over its ties to Iran”