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U.S. issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran

The Treasury Department accused the Turkish bank and its entities of being established to enable Iran's efforts to transfer oil revenues from China to Turkey, where they could then be converted to cash and gold.

PBS NewsHourSep 4

Published by CurrentWire Sep 6, 2026 at 6:55 PM ET · First coverage Sep 4, 2026 at 1:26 PM ET

Compiled by CurrentWire News Desk

Summary based on reporting from PBS NewsHour.

U.S. issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran

Read the full report at PBS NewsHour

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PBS NewsHourTier A
U.S. issues sanctions on Turkish bank that it calls a 'critical financial lifeline' for Iran(opens original report in a new tab)Sep 4

How CurrentWire compiled this story

PBS NewsHour (www.pbs.org), a Tier A publisher, filed this report on Sep 4, 2026 at 1:26 PM ET. CurrentWire published this page 53 hours later, on Sep 6, 2026 at 6:55 PM ET.

Filed under World · United States · News. Topics extracted from this report, with other live CurrentWire stories mentioning each: United States (85).

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