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US sanctions Turkish bank for gold-smuggling payments to Iran
bne IntelliNews·US · TR · IR·2 days ago
The US Treasury imposed sanctions on a Turkish bank for facilitating transactions with Iran, prompting a senior Republican senator to publicly declare Turkey is not a US ally. This marks a notable escalation in US-Turkey friction over Iran sanctions enforcement, though the specific bank and sanction details remain unspecified. The episode signals potential strain in NATO alliance dynamics and could affect regional diplomatic and financial relations.
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