President Donald Trump’s administration, through the Treasury’s Office of Foreign Assets Control (OFAC), has intensified its crackdown on Iran’s petroleum and petrochemical exports. In a statement on …
US slaps sanctions on dozens over links to Iran oil exports
The US Treasury announces sanctions on more than 50 people, companies and ships tied to Iran’s oil sector, stepping up its campaign against a key revenue source for Tehran.
Iran Warns Trump Against ‘Miscalculation’
Araghchi’s post follows Iran’s 12-day war with Israel, during which U.S. airstrikes hit several Iranian nuclear facilities. The campaign marked the most direct confrontation between Washington and …
How Iran ships oil around the world despite sanctions
Most of the benefits go to a small clique of corrupt Iranian elites— and China.At the end of September, the United Nations reinstated wide-ranging sanctions on Iran that had been suspended under the …
Analysis-Turkey’s gas shift threatens Russia and Iran’s last big European market
By Can Sezer ISTANBUL (Reuters) -Turkey could meet more than half of its gas needs by the end of 2028 by ramping up production and increasing U.S. imports, in a shift that threatens to shrink the last …
Turkey’s gas shift threatens Russia and Iran’s last big European market
Turkey could meet more than half of its gas needs by the end of 2028 by ramping up production and increasing U.S. imports, in a shift that threatens to shrink the last major European market for …
Syria’s Assad can’t count on Iran to stop the rebel offensive
Syria’s embattled president is losing ground to advancing rebel forces, but Iran is poorly positioned this time to help him turn the tide.
Turkey’s Halkbank faces criminal charges after US Supreme Court rejects appeal
The US Supreme Court has rejected an appeal by Turkey’s Halkbank, leaving the state-controlled lender to face criminal charges that it helped Iran to evade economic sanctions and launder billions of …
Yemen’s Houthi rebels detain 9 more UN staff as part of a crackdown
Yemen’s Iranian-backed Houthi rebels have detained nine employees of the United Nations as part of a long-running crackdown on the organization, the U.N. said. The detentions brings the number of …
Iran discovers new oil and gas reserves within Pazan field
Iran has announced the discovery of significant oil and gas reserves within the Pazan field, which is expected to alleviate the country’s energy challenges. Iran’s Oil Minister Mohsen Paknejad said …