US sanctions Turkish bank network Israel wanted closed over alleged IRGC oil financing - Ynetnews
US sanctions Turkish bank network Israel wanted closed over alleged IRGC oil financing - Ynetnews
Source: Ynetnews
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DW NOTE
The U.S. is sanctioning a Turkish banking network that allegedly helps the IRGC finance oil sales — the same network Israel has been asking Washington to shut down. This is what happens when a major oil chokepoint stays closed for 189 days: secondary enforcement suddenly becomes primary policy. Turkey has spent years positioning itself as the neutral party that keeps Iranian crude moving. That position just became untenable.