BESSENT TAKES ACTION AGAINST IRAN’S FINANCIAL NETWORK

U.S. Treasury Secretary Scott Bessent has moved to sanction Turkey-based Golden Global Bank, with reporting alleging that the institution was used to facilitate large sums of money flowing from China to Iran through oil-related transactions.

The move highlights Washington’s growing focus on cutting off financial channels that could help sustain the Iranian regime.

Scott Bessent is making it clear: the U.S. Treasury is targeting the financial networks behind Iran’s access to international funds.

And this may be only the beginning.

America is tightening the pressure — and the message is unmistakable: financial loopholes that support Iran will face serious consequences.