File photo of a woman walking past a branch of Noor Islamic Bank along Khalid Bin Al-Waleed Road in Dubai

 
File photo of a woman walking past a branch of Noor Islamic Bank along Khalid Bin Al-Waleed Road in Dubai
A woman walks past a branch of Noor Islamic Bank along Khalid Bin Al-Waleed Road in Dubai in this May 30, 2010 file photo. The U.S. Treasury Department has disrupted a Dubai-based banking operation that the United States believes was Iran's main conduit for evading international sanctions and processing oil sales, the Wall Street Journal reported. It said the targeted institution was Noor Islamic Bank. The bank agreed in December to close off what people briefed on the operation characterised as Iran's single largest channel for repatriating foreign-currency oil receipts, the WSJ said. EUTERS/Mosab Omar/Files (UNITED ARAB EMIRATES - Tags: BUSINESS)