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September 4, 2026
U.S. Targets Golden Global Yatirim Bankasi for Supporting Iran's Revolutionary Guard
- The U.S. Treasury sanctioned Golden Global Yatirim Bankasi for facilitating tens of millions of dollars in transactions for Iran's Revolutionary Guard Corps, marking a significant step in its pressure campaign.
- Secretary of State Marco Rubio instructed diplomats to ensure countries sever ties with Iranian banks, emphasizing the urgency of the sanctions under 'Operation Economic Outcast.'
- Experts express skepticism about the overall impact of the sanctions on Iran, noting that the country has historically evaded economic pressure.
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5 Sources
- US targets Turkish entities with Iran-related sanctionsSep 4, 2026 at 2:29 PM · Reuters
- US hits Turkish bank with sanctions over alleged ties to IranSep 4, 2026 at 2:55 PM · AP
- US issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for IranSep 4, 2026 at 3:05 PM · ABC News
- U.S. sanctions Turkish bank accused of enabling Iran as Bessent says he 'hopes for' no further bank penaltiesSep 4, 2026 at 5:34 PM · CNBC
- Trump promised ‘economic D-Day’ for Iran. So far, actions have come in dripsSep 4, 2026 at 7:51 PM · CNN