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Treasury hits Russia's VTB Bank with new sanctions over Iran ties
Source: CNBC
Sanctions & Export ControlsGeopolitics & WarBanking & Liquidity
The Trump administration imposed new sanctions on Russian banks as part of a broader effort to pressure Iran after pledging an "economic D-Day." The action raises geopolitical and financial-system risk for sanctioned Russian institutions and could constrain cross-border banking activity, though the article provides no specific entities or economic magnitudes.
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