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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.
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World — Lara Jakes and James Paton
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.
This report is published with credit to The New York Times. The wire sent a summary; open the original for any extra context. Read on The New York Times →
Source: The New York Times · Lara Jakes and James Paton. Published 26 Aug 2026, 04:01 am.
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