U.S. sanctions on Golden Global Bank test whether Turkey will finally curb Iranian financing or protect another Halkbank-style scheme.
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Turkey-Iran Flights halt until 2027 as Ankara closes Bank Mellat’s Istanbul branch under mounting US Treasury pressure.
Turkey’s quiet Bank Mellat Closure exposes Erdogan’s rhetorical defiance while regulators dismantle Iran’s financial foothold inside NATO.
Iranian oil money now moves through Turkish banks by design, as Treasury designations expose a structural shadow banking role for Istanbul.