US Sanctions Turkish Bank

IstanbulUS Treasury sanctioned Golden Global Bank.

The move cuts a NATO ally’s bank off from the US financial system.

Washington accused the bank of moving Iranian oil revenue through gold and cash, not direct transactions.

Golden Global says it will sue; Turkey’s government has not commented.

How each outlet framed it

drawn from 90+ reports worldwide

Al Jazeera Online: details Golden Global Bank's role in Iran's shadow banking system, explaining oil revenue transfers via China-Turkey route