The Treasury Department announced sanctions against Turkey’s Golden Global Bank, which the U.S. accuses of facilitating funds for Iran. Treasury Secretary Scott Bessent said the Trump administration hopes “no more banks will need to be sanctioned,” but added that it depends on the international community. The U.S. has yet to take tangible action against China, Iran’s largest trading partner and its top oil buyer. U.S. Treasury Secretary Scott Bessent speaks during a press conference at the Cash Room of the Treasury Department in Washington, as he announces a new set
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