{
  "id": 5606105,
  "title": "US sanctions Turkish bank alleged to be conducting transactions for Iran’s IRGC",
  "url": "https://urgent.news/2026/09/04/us-sanctions-turkish-bank-alleged-to-be-conducting-transactions-for-5606105",
  "topic": "world",
  "section": "World",
  "published": "2026-09-04T17:12:07.000Z",
  "source": {
    "name": "The National Business",
    "slug": "the-national-business",
    "url": "https://www.thenationalnews.com/news/us/2026/09/04/us-sanctions-turkish-bank-alleged-to-be-conducting-transactions-for-irans-irgc/"
  },
  "original_language": "en",
  "account": "The US Treasury Department has sanctioned a Turkish bank, Golden Global Yatirim Bankasi Anonim Sirketi, for allegedly facilitating transactions for Iran's Islamic Revolutionary Guard Corps Quds Force. In a recent statement, the department alleged that the bank knowingly provided correspondent banking services to Iranian financial institutions, allowing transactions to be conducted through accounts controlled by the IRGC-QF and its proxies. The bank reportedly facilitated tens of millions of dollars worth of transactions for the IRGC. This action is part of the Trump administration's ongoing efforts to economically pressure Iran, six months into the war, which has led to increased global energy prices. Treasury Secretary Scott Bessent recently introduced Operation Economic Outcast, aimed at further squeezing Iran's economy. Bessent emphasized that financial institutions are now recognizing the seriousness of the US stance, stating that more sanctions may be necessary until the international community ceases supporting the \"murderous Iranian regime.\"",
  "summary": "The US Treasury Department has sanctioned a Turkish bank that allegedly conducted transactions for Iran’s Islamic Revolutionary Guard Corps' Quds Force. In a statement on Friday, the department said it had targeted Golden Global Yatirim Bankasi Anonim Sirketi, also known as Golden Global Bank, along with two Turkey-based subsidiaries. “Golden Global Bank has knowingly offered to provide…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "Winnipeg Free Press",
        "title": "The Latest: Trump turns to a dual economic and military approach in latest attempt to squeeze Iran",
        "url": "https://urgent.news/2026/09/04/the-latest-trump-turns-to-a-dual-economic-and-military-approach-in",
        "published": "2026-09-04T12:24:09.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Iraq emerges as Iran’s economic lifeline amid tighter US sanctions",
        "url": "https://urgent.news/2026/09/04/iraq-emerges-as-irans-economic-lifeline-amid-tighter-us-sanctions",
        "published": "2026-09-04T13:52:29.000Z"
      },
      {
        "outlet": "Al-Monitor",
        "title": "US sanctions Turkish bank, two subsidiaries in latest pressure on Iran",
        "url": "https://urgent.news/2026/09/04/us-sanctions-turkish-bank-two-subsidiaries-in-latest-pressure-on-iran",
        "published": "2026-09-04T14:46:42.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "US sanctions on Iran hit three Turkish entities",
        "url": "https://urgent.news/2026/09/04/us-sanctions-on-iran-hit-three-turkish-entities",
        "published": "2026-09-04T14:55:48.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "‘Critical financial lifeline’: Why US targeted Turkish bank in latest Iran sanctions",
        "url": "https://urgent.news/2026/09/04/critical-financial-lifeline-why-us-targeted-turkish-bank-in-latest",
        "published": "2026-09-04T15:51:54.000Z"
      },
      {
        "outlet": "The Times of Israel",
        "title": "US slaps sanctions on Turkish bank, calling it ‘critical financial lifeline’ for Iran",
        "url": "https://urgent.news/2026/09/04/us-slaps-sanctions-on-turkish-bank-calling-it-critical-financial",
        "published": "2026-09-04T16:39:48.000Z"
      },
      {
        "outlet": "The National UAE",
        "title": "US sanctions Turkish bank alleged to be conducting transactions for Iran’s IRGC",
        "url": "https://urgent.news/2026/09/04/us-sanctions-turkish-bank-alleged-to-be-conducting-transactions-for",
        "published": "2026-09-04T17:12:07.000Z"
      },
      {
        "outlet": "PBS NewsHour",
        "title": "U.S. issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran",
        "url": "https://urgent.news/2026/09/04/u-s-issues-sanctions-on-turkish-bank-that-it-calls-a-critical",
        "published": "2026-09-04T17:26:55.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penalties",
        "url": "https://urgent.news/2026/09/04/u-s-sanctions-turkish-bank-accused-of-enabling-iran-as-bessent-says",
        "published": "2026-09-04T17:34:08.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "US sanctions Turkish bank, two subsidiaries in latest pressure on Iran",
        "url": "https://urgent.news/2026/09/04/us-sanctions-turkish-bank-two-subsidiaries-in-latest-pressure-on-iran-5618652",
        "published": "2026-09-04T18:25:16.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}