Washington: The United States has imposed sanctions on a Turkish bank, citing alleged connections with the Islamic Revolutionary Guard Corps (IRGC). The bank is accused of facilitating millions in transactions for Iran, a move that has prompted a legal threat from Turkey.

According to National News Agency - Lebanon, the sanctions are part of a broader effort by the US to crack down on networks that allegedly support Iran's activities. The Turkish bank, at the center of this controversy, is accused of playing a significant role in enabling financial transactions that bypass international sanctions imposed on Iran.

The Turkish government has expressed strong disapproval of the sanctions, calling them unjust and threatening to pursue legal action in response. Officials argue that these sanctions could damage bilateral relations and further complicate the diplomatic landscape between the two nations.

The situation continues to develop as both countries navigate the repercussions of this significant financial and diplomatic move.