US sanctions three Turkish firms tied to Iran
The U.S. Department of the Treasury has imposed sanctions on three Turkish financial entities linked to Iran, aiming to exert economic pressure on Tehran and cut off the financing channels it relies on to transfer its assets internationally. The sanctions include Golden Globe Investment Bank and the two Golden Globe asset management and leasing companies, along with a licensing permit to gradually terminate transactions. These steps come after escalating military tensions and rising global energy prices. The department's actions primarily target the banking sector to prevent circumvention of international sanctions. Washington's goal is to force Iran back to the negotiating table, with plans to issue secondary sanctions periodically on a weekly basis.
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