Coverage dated September 4, 2026 to September 5, 2026

US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran in latest economic squeeze

Headline from WTOP Washington DC, from the development of Sep 4, 2026

Newest development Sep 5, 2026 · 2 reportsU.S. sanctions Turkish bank, accusing it of helping Iran transfer oil revenue from China to Turkey by converting it to cash and gold

WASHINGTON (AP) — US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran in latest economic squeeze.

WTOP Washington DC's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

  1. Names this update

    US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran in latest economic squeeze

    Headline from WTOP Washington DC ·

  2. Newest

    U.S. sanctions Turkish bank, accusing it of helping Iran transfer oil revenue from China to Turkey by converting it to cash and gold

    Headline from Fortune ·

1 report not tied to one development ·

Read the reports

Reports & sources

25 articles, oldest first.

  1. New York Post

    US severs Iran’s financial lifeline to NATO ally Turkey with bank sanctions: ‘Find out the hard way’ (opens New York Post)

    Published

    New York Post's feed description

    The Istanbul-based Golden Global Bank is being targeted in the second week of Treasury Secretary Scott Bessent's "Operation Economic Outcast."

  2. Bloomberg

    US Sanctions Small Turkish Investment Bank Over Iran Links (opens Bloomberg)

    Published

    Bloomberg's feed description

    The United States sanctioned Golden Global Investment Bank, a relatively small Turkish firm, after Treasury Secretary Scott Bessent vowed to further isolate Iran’s economy amid the ongoing war by going after trading partners.

  3. Al-Monitor

    US targets Turkish entities with Iran-related sanctions (opens Al-Monitor)

    Published

    Al-Monitor's feed description

    WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department issued new Iran-related sanctions on Friday, targeting three Turkey-based entities, according to the department's website. The entities targeted are Golden Global Portfoy Yonetimi Anonim Sirketi, Golden Global Varlik Kiralama Anonim Sirketi…

  4. Al-Monitor

    US sanctions Turkish bank, two subsidiaries in latest pressure on Iran (opens Al-Monitor)

    Published

    Al-Monitor's feed description

    By Ismail Shakil, David Lawder and Andrea Shalal WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department imposed sanctions on a small Turkish investment bank and two subsidiaries on Friday as part of the Trump administration's campaign to increase economic pressure on Iran, the department said.

  5. Al-Monitor

    US sanctions Turkish bank, two subsidiaries to pressure Iran (opens Al-Monitor)

    Published

    Al-Monitor's feed description

    By Ismail Shakil, David Lawder and Andrea Shalal WASHINGTON, Sept 4 (Reuters) - The U.S. Treasury Department said on Friday it imposed new Iran-related sanctions on a small Turkish investment bank and two subsidiaries as part of the Trump administration's effort to increase economic pressure on Iran…

  6. WTOP Washington DC

    US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran in latest economic squeeze (opens WTOP Washington DC)

    Published

    WTOP Washington DC's feed description

    WASHINGTON (AP) — US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran in latest economic squeeze.

  7. Al-Monitor

    US sanctions Turkey-based bank over Iran ties (opens Al-Monitor)

    Published

    Al-Monitor's feed description

    The Treasury Department said Golden Global Bank was facilitating transactions for Iran's Islamic Revolutionary Guard Corps.

  8. MyNorthwest

    US issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran (opens MyNorthwest)

    Published

    MyNorthwest's feed description

    WASHINGTON (AP) — The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.

  9. The Columbian

    U.S. issues sanctions on Turkish bank that it calls a ‘critical financial lifeline’ for Iran (opens The Columbian)

    Published

    The Columbian's feed description

    WASHINGTON (AP) — The U.S. Treasury announced Friday it has imposed sanctions on a Turkish financial institution as part of its latest effort to sever “critical financial lifelines” for the Iranian government.

  10. WDIO Duluth

    Ticker- Turkish bank sanctions (opens WDIO Duluth)

    Published

    WDIO Duluth's feed description

    The Trump administration issues sanctions on a Turkish bank that it says is a 'critical financial lifeline' for Iran.

  11. Philadelphia Inquirer

    The Latest: US tightens economic squeeze on Iran after a week of renewed strikes (opens Philadelphia Inquirer)

    Published

    Philadelphia Inquirer's feed description

    The U.S. Treasury has imposed sanctions on the Turkish bank Golden Global Yatirim Bankasi Anonim Sirketi

  12. Just the News

    U.S. sanctions Turkish bank over alleged Iran financial network (opens Just the News)

    Published

    Just the News's feed description

    The Treasury Department described the bank as a “critical financial lifeline” for Iran and said the action is part of the administration's broader “Operation Economic Outcast.”

  13. Al Jazeera

    US imposes sanctions on Turkish bank, prompting legal threat (opens Al Jazeera)

    Published

    Al Jazeera's feed description

    US sanctions Turkish bank over alleged IRGC ties, accusing it of facilitating millions in transactions for Iran.

  14. Fortune

    U.S. sanctions Turkish bank, accusing it of helping Iran transfer oil revenue from China to Turkey by converting it to cash and gold (opens Fortune)

    Published

    Fortune's feed description

    The actions against Golden Global Yatirim Bankasi Anonim Sirketi come after Treasury Secretary Scott Bessent last week launched “Operation Economic Outcast."

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.