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The U.S. Treasury has imposed sanctions on the Turkish bank Golden Global Yatirim Bankasi Anonim Sirketi. This move is part of the Trump administration's effort to cut financial ties with Iran. Last week, the administration launched "Operation Economic Outcast" to isolate Iran from global trade partners. The U.S. has also resumed military strikes, signaling a dual approach of economic pressure and potential military escalation. Despite these efforts, Iran has not yielded to the sanctions or the intermittent bombing campaign. Meanwhile, diesel prices in the U.S. hit a record high as the conflict disrupts fuel supplies.

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A new watchdog report concludes that former Labor Secretary Lori Chavez-DeRemer oversaw a “toxic, intimidating and humiliating” work environment and engaged in numerous violations of department policy. The report from the department’s Office of Inspector General. was released Friday. The report includes allegations that Chavez-DeRemer “engaged in an inappropriate relationship” with a member of her security detail and violated travel regulations by combining personal and official travel, as well as violating the department’s alcohol policies, directing staff to perform personal tasks on official time, and failing to report gifts through appropriate channels.