Washington sanctions Turkish bank over Iran links

The U.S. Treasury Department imposed sanctions on the Turkish bank "Golden Global," claiming it facilitated transactions for the Quds Force of the Iranian Revolutionary Guard, amounting to tens of millions of dollars. These sanctions are part of Washington’s efforts to economically isolate Tehran, as the bank and its branches have been added to the sanctions list, leading to a significant decline in the Iranian rial's exchange rate against the dollar. U.S. officials confirm that this move is part of a broader campaign to economically isolate Iran, with promises of future sanctions on other banks that continue to support the Iranian regime.

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