The Trump administration is preparing what Treasury Secretary Scott Bessent called unprecedented economic measures against Iran, adding a fresh layer of financial pressure as the war and tensions over …
What would BRICS Bank membership mean for Iran’s reeling economy?
Iran’s Central Bank governor said the country will soon join the New Development Bank as he traveled to India this week for a meeting of the group’s finance leaders.
US forces to leave Iraq by Sept. 30 amid Iran war
Iran crisis update: U.S. forces are on track to complete their withdrawal from Iraq by Sept. 30, officials said Wednesday, creating a new security marker as the Iran war keeps pressure on American …
Iran war leaves Iraq running out of money
Because of the blockage of the Strait of Hormuz, Iraq cannot export enough oil to fund the country’s huge public sector. Protests have already started. Will the Iran war destabilize Iraq again?
Live Updates: Tehran says Strait of Hormuz “under Iran’s control” after Trump threatens U.S. might “keep it”
Tehran has asserted that the Strait of Hormuz is “under Iran’s control and management” after President Trump said the U.S. might “keep it.” …
Iran to join BRICS development bank soon, central bank governor Abdolnaser Hemmati says
Iran plans to join the New Development Bank soon. This move comes as the nation faces international sanctions and seeks alternative financial channels. Iran joined BRICS in 2024 and desires …
Iraq’s PM seeks to disarm Iran-backed militias, but Tehran wants to meddle
Iran-backed militias in Iraq have roots stretching back to the 1980’s and are the product of decades of Iranian policy aimed at cultivating armed proxies beyond its borders.
‘Hormuz remains blocked’: Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said “the Strait of Hormuz remains blocked and will not be reopened until Iran’s conditions are accepted.” …
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Traffic is about 90% lower than the daily average of 130 ships that transited Hormuz before the U.S. and Israel attacked Iran on Feb. 28.
US strikes targeting Houthis killed 153 civilians in Yemen last year, Pentagon review says
U.S. airstrikes targeting Iranian-backed Houthi rebels in Yemen last year killed more than 150 civilians, according to a Pentagon review of the attacks, which comes as concerns rise over civilian …