Turkey revokes Bank Mellat license under US sanctions pressure
Summary
Turkey has revoked the operating license of Iran's Bank Mellat, a move aligned with intensified US economic pressure on Tehran. This action restricts Iran's access to international financial channels through Turkish territory, tightening the noose of economic warfare against the Iranian state.
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Sources (1)
Actor Responses
Subject to intensified economic pressure and loss of banking access in Turkey.
Intensifying economic pressure on Tehran, influencing third-party actions like Turkey's license revocation.
Related Events (2)
"The revocation of Bank Mellat's license is a direct and severe escalation of the earlier suspension of Iran routes by Turkish carriers, both driven by the same US sanctions pressure. This represents a progression from restricting transport/logistics to cutting off financial channels."
"Both events are part of the same coordinated US economic warfare campaign ('Operation Economic Outcast' and general sanctions pressure) targeting different sectors of the Iranian economy (aviation and banking) simultaneously."