What Is Happening Between Türkiye and Iran? It All Started with This Statement by Tom Barrack.
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The Turkish Banking Regulatory and Control Authority cancelled the operating licence of the Iranian branch of Bank Millet in Istanbul, amid mounting American pressure to tighten financial and economic isolation on Tehran. The resolution cited by Reuters, published in today's Turkish Official Gazette, revoked the licence of the central branch of Bank Malt in Turkey, which has its headquarters in Tehran.
The Turkish Banking Regulatory and Control Authority cancelled the operating licence of the Iranian branch of Bank Millet in Istanbul, amid mounting pressure by the United States to tighten financial and economic isolation on Tehran. The resolution cited by Reuters and published in the Official Gazette of Turkey today called for the cancellation of the licence of the central branch of Bank Mill in Turkey, which has its headquarters in Tehran.
The US sanctions pressure on Iran have led to a series of developments in Turkey. Following Tom Barrack's message that "Turkey is not a target," Bank Mellat's operating license was revoked, and Mahan Air suspended its flights to Turkey.
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