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September 4, 2026 11:16 pm
What to Know About Bank Melli, Singled Out in U.S. Call for Economic War

Bank Melli, Iran’s largest lender, already faces waves of sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.

Bank Melli, Iran’s largest lender, already faces waves of sanctions that severely limit its ability to operate abroad. Every foreign branch must be shut down, Treasury Secretary Scott Bessent said.

Source: The New York Times – World

πŸ”‘ Key Takeaways

  • Wire dispatch directly ingested from NYT > World News.
  • Published at Wed, 26 Aug 2026 04:01.
  • Source URL: https://www.nytimes.com/2026/08/26/world/europe/iran-melli-bank-us-sanctions.html