Federal prosecutors said proceeds from the sale of Iranian oil flowed through Binance, the world’s largest crypto exchange, to finance terrorism.
Congressional budget scorers have a new estimate for the cost of the Iran war
The CBO says the war in Iran has already increased inflation by 2.3% — and is likely to raise interest rates by 0.5%.
Watchdog says military facing munition shortage, spent $33 billion on Iran war
The first-of-its-kind report acknowledges the military’s munition shortfall and details some of the losses of American assets so far as part of Operation Epic Fury.
Iran war cost hits $38 billion, forecast to rise $3 billion a month, CBO says
The six-month-old U.S. war against Iran has cost $38 billion so far and that amount is projected to rise by $3 billion a month, Congress’ nonpartisan bookkeeper reported on Tuesday.
Republican Lawmaker Forces House Vote to Impeach Hegseth Over Iran War
Rep. Thomas Massie claims Hegseth is operating in contravention of three specific provisions of the War Powers Resolution of 1973.
Treasury hits Russia’s VTB Bank with new sanctions over Iran ties
The new Russian bank sanctions follow a small handful of other actions that the Trump administration has taken since vowing to inflict “economic D-Day” on Iran.
DOJ says Binance customers used crypto exchange to funnel Iran oil money
Prosecutors said in total around $1.5 billion was sent to Iran through a series of interrelated digital wallets.
US sanctions VTB Bank over alleged Iranian banking ties
US Treasury said foreign institutions continuing business with the sanctioned VTB face risk and must sever ties immediately.
Saudi Arabia under Houthi attack, Pakistan caught in a bind: Can Asim Munir honour Mecca defence pact without angering Iran?
Houthi attacks on Saudi Arabia are putting Pakistan’s defence commitments to Riyadh under fresh scrutiny. Islamabad must balance its Mecca defence pact with Saudi Arabia against its efforts to …
DOJ Seeks to Seize $61M in Iran Oil Funds From Binance Accounts It Vouched For
DOJ moves to seize $61 million in crypto tied to Iranian oil sales moved through Binance accounts the exchange defended.