US sanctions Turkish bank Golden Global Bank over Iran ties
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Neutral summary
The US Treasury Department imposed sanctions on Istanbul-based Golden Global Bank and two subsidiaries, accusing them of facilitating transactions for Iran's Islamic Revolutionary Guard Corps. The move is part of the Trump administration's campaign to increase economic pressure on Tehran, which Treasury Secretary Scott Bessent has described as an “economic onslaught.” The sanctions freeze assets and threaten foreign banks with exclusion from the dollar system if they continue working with Golden Global Bank. Bessent said he “hopes for” no further bank penalties, while President Trump has touted the plan as “economic D-Day” against Iran.
How it was framed
Outlets: 15. Countries: 7. Facts in the shared core: 6.
Publication timeline
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New York Post (outlet profile)
US severs Iran’s financial lifeline to NATO ally Turkey with bank sanctions: ‘Find out the hard way’. The Istanbul-based Golden Global Bank is being targeted in the second week of Treasury Secretary Scott Bessent's "Ope…
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Al-Monitor (outlet profile)
US targets Turkish entities with Iran-related sanctions. WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department issued new Iran-related sanctions on Friday, targeting three Turkey-based entities, according to the d…
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Al-Monitor (outlet profile)
US sanctions Turkish bank, two subsidiaries to pressure Iran. By Ismail Shakil, David Lawder and Andrea Shalal WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department said on Friday it imposed new Iran-related sanct…
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Al-Monitor (outlet profile)
US sanctions Turkish bank, two subsidiaries in latest pressure on Iran. By Ismail Shakil, David Lawder and Andrea Shalal WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department imposed sanctions on a small Turkish i…
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Al-Monitor (outlet profile)
US sanctions Turkey-based bank over Iran ties. The Treasury Department said Golden Global Bank was facilitating transactions for Iran's Islamic Revolutionary Guard Corps.
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Middle East Eye (outlet profile)
US sanctions on Iran hit three Turkish entities. US sanctions on Iran hit three Turkish entities The US has targeted three Turkey-based entitites in a new round of Iran-related sanctions issued on Friday. According to t…
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The Independent (outlet profile)
US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran. The U.S. Treasury has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical fina…
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Danas (outlet profile)
SAD uvele sankcije turskoj banci koju smatraju da ima veze sa Iranom. Američko ministarstvo finansija saopštilo je danas da je uvelo sankcije turskoj finansijskoj instituciji kao deo svog najnovijeg napora da preseče sv…
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Insajder (outlet profile)
SAD uvele sankcije turskoj banci koju smatraju da ima veze sa Iranom. Američko ministarstvo finansija saopštilo je danas da je uvelo sankcije turskoj finansijskoj instituciji kao deo svog najnovijeg napora da preseče sv…
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Asharq Al-Awsat (outlet profile)
US Sanctions Turkish Bank, 2 Subsidiaries to Pressure Iran
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The National (UAE) (outlet profile)
US sanctions Turkish bank alleged to be conducting transactions for Iran’s IRGC
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CNBC (outlet profile)
U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties. President Donald Trump hyped the sanctions plan as "economic D-Day" against Iran, but the U.S. has so far ta…
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The Jerusalem Post (outlet profile)
US sanctions Turkish bank, two subsidiaries in bid to increase economic pressure on Iran. The sanctions put the financial entities on the US Treasury's OFAC Specially Designated Nationals list as part of US President Do…
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Tanjug (outlet profile)
SAD uvele sancije turskoj banci Golden global, zbog poslovanja sa Iranom
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Tanjug (outlet profile)
SAD uvele sankcije turskoj banci Golden global, zbog poslovanja sa Iranom
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N1 Srbija (outlet profile)
SAD uvele sankcije turskoj banci koju smatraju da ima veze sa Iranom. Američko ministarstvo finansija saopštilo je danas da je uvelo sankcije turskoj finansijskoj instituciji kao deo svog najnovijeg napora da preseče sve
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El Economista (outlet profile)
EU sanciona al banco turco Golden Global Bank por su lazos con Irán. La OFAC puede imponer sanciones a bancos extranjeros que continúen trabajando con Golden Global Bank, de tal manera que quedarían excluidos del sistem…
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Haaretz (outlet profile)
U.S. sanctions Turkish financial institution for aiding Iran's Revolutionary Guard
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Al Jazeera (outlet profile)
US imposes sanctions on Turkish bank, prompting legal threat. US sanctions Turkish bank over alleged IRGC ties, accusing it of facilitating millions in transactions for Iran.
Factual core
- The sanctions are part of a US effort to cut off Iran's financial channels.
- The United States imposed sanctions on a Turkish bank for allegedly conducting transactions for Iran's Islamic Revolutionary Guard Corps (IRGC).
- The United States imposed sanctions on a Turkish bank.
- The sanctions were announced by the US Treasury Department.
- The US action is intended to disrupt Iran's access to international financial systems.
- The US considers the Turkish bank to have connections to Iran.