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Explainer: Turkey’s Halkbank appeals to US Supreme Court in Iran sanctions case

The case comes at a tense time in US-Turkey relations as the Biden administration weighs whether to sell F-16 jets to Turkey.
US Supreme Court is seen on Jan. 13, 2022, in Washington.

The US Supreme Court heard arguments Tuesday on whether Turkey’s Halkbank helped the Islamic Republic of Iran evade American sanctions, in a bid from the juggernaut bank to try and avoid charges. 

What happened: In 2019, the US Department of Justice charged Halkbank with bank fraud, conspiracy and money laundering, accusing the bank of “participation in a multibillion-dollar scheme to evade US sanctions on Iran,” according to a press release at the time. 

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