EconomyU.S. sanctions Russia’s VTB Bank over Iran sanctions evasion, former Treasury official says move also targets China
The U.S. Treasury sanctioned Russia’s VTB Bank, accusing it of opening offices in Iran, processing transactions with sanctioned Iranian banks, and helping move billions in frozen Iranian assets. Former Treasury official Miad Maleki said the measure also aims to pressure Chinese banks to cut ties with VTB over fears of secondary sanctions.
MMeduza★★★★☆2026-09-14 20:55Original
U.S. sanctions Russia’s VTB Bank over Iran sanctions evasion, former Treasury official says move also targets China