ReportedDiplomacy & politicsWashington, D.C., United States
US sanctions Russia's VTB Bank over Iran sanctions evasion
- Mountain Time
- Local time
- 3:15 PM in New York
- Where
- Washington, D.C., United States
The US Treasury sanctioned Russia's state-controlled VTB Bank, which operates in Iran, for involvement in Iranian sanctions evasion and for correspondent relationships with sanctioned Iranian banks, calling it 'among the most comprehensively sanctioned financial institutions in the world.'
Why it matters
Targeting a major Russian bank over Iran sanctions evasion shows Washington widening financial pressure on the Moscow-Tehran sanctions-evasion network that helps fund Iran's war effort.
Sources (3)
- Times of Israeltimesofisrael.com
- Al Jazeera live blogaljazeera.comPublished
- The Times of Israel live blogtimesofisrael.comPublished
Confidence: Published by a named news organization. Not yet independently confirmed. About confidence labels
Correction
- Corrected the time from 6:00 AM New York time, Sep 14, 2026 to 3:15 PM New York time, Sep 14, 2026; corrected the headline (it read "US Sanctions Russia's VTB Bank Over Iran Sanctions Evasion"); revised the summary; corrected the location from Washington, DC / Moscow to Washington, D.C., United States; updated the sourcing note; added 2 sources: Al Jazeera live blog, The Times of Israel live blog. Why and evidence