US sanctions target Iran-linked VTB
American authorities have imposed Iran-related sanctions on the Russian bank VTB, accusing it of circumventing sanctions imposed on Iran. This action is part of ongoing U.S. efforts to intensify economic pressure on Tehran. The sanctions come after earlier measures in 2022 targeting VTB, Russia's second-largest bank, following Russia's invasion of Ukraine. The U.S. Treasury underscores its ongoing work to disrupt support and activities that facilitate Iran's alleged terrorist operations.
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