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US Sanctions Turkish Bank Over Alleged IRGC Transfers In Latest Action
US Sanctions Turkish Bank Over Alleged IRGC Transfers In Latest Action
Via The Cradle
The US Treasury announced sanctions on Friday on a Turkey-based bank and two of its subsidiaries, accusing them of moving tens of millions of dollars on behalf of Iran's Islamic Revolutionary Guard Corps (IRGC) Quds Force and facilitating Tehran's movement of funds across the international banking system.
“"Financial institutions continue to find out the hard way that we are serious about Operation Economic Outcast," US Treasury Secretary Scott Bessent said. "We know who you are, we know where...
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Nov 11, 2026 / Tyler Durden
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Summary:
Bibi says pursuing Lebanon ceasefire after reports of Trump pressure. Over 250 killed and 1,000+ wounded in Lebanon from Wednesday surprise attack by Israel's military. UAE, Pakistan, and even EU (Kallas) condemn.
Trump 'optimistic' a deal within reach (NBC). WH confirms Vice President Vance will lead Kushner-Witkoff delegation in Pakistan, seen as positive in Tehran and Islamabad.
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