US Sanctions Russia's VTB Bank Over Alleged Iran Ties

The U.S. Treasury has imposed fresh sanctions on Russia's VTB Bank, accusing it of supporting Iran. The action is part of the Trump administration's latest Operation Economic Outcast measures targeting one of Russia's largest banks. Meanwhile, EU envoys extended existing Russia sanctions by seven days to allow debate on a six-month renewal, but failed to agree on the extension at their first meeting. In the U.S. Congress, lawmakers cited difficulties with legislation on sanctions against Russia.