NewsDialy
The United States has sanctioned a Turkish bank it accuses of helping Iran evade international financial restrictions.
A sanction is a formal penalty that cuts an institution off from the American banking system and can freeze any assets it holds under U.S.
Treasury Secretary Scott Bessent said he "hopes for" no further bank penalties following the action.
The sanction lands inside a broader Iran pressure campaign that President Donald Trump described as "economic D-Day." The short version of where that campaign stands: the administration has taken few steps to put it into practice.
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