US sanctions Turkish bank and two subsidiaries to increase economic pressure on Iran

The United States Treasury Department has placed a Turkish bank and two of its subsidiaries on the Office of Foreign Assets Control (OFAC) Specially Designated Nationals (SDN) list. This action is part of President Donald Trump's ongoing campaign to increase economic pressure on the Islamic Republic of Iran and restrict Tehran's access to international financial resources. By designating these entities, the US has effectively frozen their assets within American jurisdiction and prohibited financial transactions with them. These sanctions represent a continuation of Washington's broader strategy to exert maximum pressure on the Iranian economy.

