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Breaking News, World Updates & Headlines

  • World news
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Bank Melli Iran

Bank Melli IranBanking and Financial InstitutionsBessent, ScottDubai (United Arab Emirates)Embargoes and SanctionsEuropean UnionIranLondon (England)Treasury DepartmentUnited NationsUS and Israeli Attack on Iran (2026)
August 26, 2026 Lara Jakes and James Paton

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.

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