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Sat · 12 Sep 2026

US Sanctions Turkey-Based Bank Over Iran War Violations

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US Sanctions Turkey-Based Bank Over Iran War Violations

🏦 ANKARA — Washington sanctioned a NATO ally's bank; Erdoğan will call it a line crossed. 📌 LOOK CLOSER: Targeting a Turkey-based bank escalates Operation Economic Outcast into NATO territory — a first. Ankara has refused Iran war alignment and kept trade channels open. This forces Erdoğan to choose between US financial access and economic ties with Tehran, exactly as Trump presses Spain on the same fault line.

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