Sanctioning Turkey, But Not Cutting to the Chase The latest move in the Trump administration's efforts to strangle Iran's economy is the imposition of sanctions on Golden Global Yatirim Bankasi Anonim Sirketi, a Turkish bank accused of helping Tehran transfer oil revenues from China to Turkey by converting them into cash and gold.
This development fits into the broader pattern of "Operation Economic Outcast," a campaign aimed at isolating Iran from its remaining trading partners in an effort to force it to comply with US demands.
The Trump administration's strategy is built around the idea that cutting off financial lifelines can bring Iran to the negotiating table, but so far, this approach has yielded mixed results.