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Story summary
- The United States imposed Iran-related sanctions on VTB Bank on Monday.
- Treasury Secretary Scott Bessent said the sanctions target those supporting Iran’s terrorist enterprise under Operation Economic Outcast.
- The sanctions add to measures taken since February against Iran’s oil, shipping, weapons, finance, digital assets, and aviation links.
- VTB Bank, Russia’s second-largest lender, was previously sanctioned in 2022 after Moscow’s invasion of Ukraine.