Turkey has revoked the operating license of Iran's Bank Mellat, which is still under US sanctions. The decision by Turkey's Banking Regulation and Supervision Agency was made after 44 years of operation and was not explicitly tied to US sanctions, according to Al Jazeera. The agency cited concerns over risks to depositors' rights and financial system stability as the reason for the revocation. The US had previously designated Bank Mellat in 2018, alleging it provided financial support to an Iranian bank linked to the Basij militia.
Bias read (Center): The article presents the facts surrounding Turkey's decision to revoke Bank Mellat's license without overtly taking a political stance. It reports both the Turkish regulatory action and the US designation of the bank, presenting them as separate but related developments. There is no clear editorial傾




