Deccanchronicle iconDeccanchronicleSep 5, 2026

US Targets Türkiye-Based Bank in Latest Sanctions on Iran Financial Network

"Operation Economic Outcast" was announced by Bessent on August 24, with the Treasury describing the initiative as an effort to sever what it calls the remaining economic lifelines sustaining the Iranian regime.

US Targets Türkiye-Based Bank in Latest Sanctions on Iran Financial Network

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