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‘Critical financial lifeline’: Why US targeted Turkish bank in latest Iran sanctions

Hindustan TimesView source article

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US imposes sanctions on Turkish bank over alleged Iran ties

The US Treasury Department sanctioned Golden Global Investment Bank and two subsidiaries, accusing the Turkish bank of facilitating millions in transactions for Iran's IRGC. Turkey threatened legal action in response.

Sep 4, 2026·3 sourcesSanctions & economic countermeasuresIran & regional influenceUS foreign policyTurkey's regional roleAnti-money laundering (AML)
US imposes sanctions on Turkish bank over alleged Iran ties
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Other sources for this story

Al Jazeera

US imposes sanctions on Turkish bank, prompting legal threat

The Straits Times

US sanctions Turkish bank, two subsidiaries in latest pressure on Iran