Featured Iran

US imposes sanctions on Iranian intelligence, Hezbollah-linked targets in Lebanon

The United States rolled out sweeping new sanctions on Thursday, blacklisting cyber actors the Donald Trump administration says are backed by Iranian intelligence and Lebanon-based targets it says are linked to Hezbollah. The US Department of Treasury sanctioned two Lebanon-based companies, Arch Consulting and Meamar Construction, for alleged links to the… Read More

U.S. threatens sanctions for arms sales to Iran

The Trump administration threatened Wednesday to impose an array of fresh sanctions to deter China and Russia from selling weapons to Iran after an arms embargo on Washington’s Middle East foe expires next month. Elliott Abrams, the administration’s special envoy for Iran and Venezuela, told reporters that the sanctions “will… Read More

U.S. blacklists companies for helping facilitate Iran’s exports of petroleum, petrochemicals

The United States on Thursday imposed sanctions on 11 foreign companies, accusing them of helping to facilitate Iran’s export of petroleum, petroleum products and petrochemicals in violation of American sanctions. The Treasury said it slapped sanctions on six companies based in Iran, the United Arab Emirates and China that it… Read More
2nd September 2020
AP – Saudi Arabia’s top military commander in its yearslong war in Yemen and his prince son have been removed from their posts along with other officials as part of an anti-corruption investigation, the kingdom said early Tuesday. The announcement attributed the actions to a referral by Saudi Crown… Read More
31st August 2020
Iran’s central bank said on Saturday it was taking legal steps to counter a lawsuit filed in a U.S. court by creditors seeking to seize $1.7 billion of its assets held by Deutsche Boerse’s (DB1Gn.DE) Clearstream unit. The German stock exchange operator said earlier the creditors had filed the… Read More
28th August 2020
Bahrain’s High Criminal Court sentenced three Future Bank officials to five years in prison each and to $1 million fines on Thursday, in the latest of a series of money-laundering cases by the Central Bank of Iran and other banks, the Bahrain News Agency reported. The court also sentenced the… Read More
27th August 2020
The UN on Tuesday dismissed a controversial bid by the United States to reimpose all international sanctions against Iran, laying bare the differences between Washington and other members of the Security Council on Iran policy. The council presidency, held by Indonesia since in August, said it was “not in a… Read More
24th August 2020
AP – Pakistan has issued sweeping orders enforcing financial sanctions against Afghanistan’s Taliban, just as the militant group is in the midst of a U.S.-led peace process in the neighboring country. Pakistan’s foreign ministry in a statement late on Saturday said the sanctions are not new but rather are… Read More
21st August 2020
The United States on Wednesday imposed sanctions on two United Arab Emirates-based companies, the U.S. Treasury Department said, accusing them of providing material support to Iranian airline Mahan Air. The Treasury in a statement said Parthia Cargo and Delta Parts Supply FZC provided key parts and logistics services for Mahan… Read More
20th August 2020
The Trump administration is considering additional sanctions on Venezuela aimed at halting the remaining fuel transactions permitted with the South American nation, according to people familiar with the matter. The measures could target crude swaps with companies in Asia and Europe, said the people, who requested anonymity because the talks… Read More
18th August 2020
The United States is not entitled to force the reinstatement of sanctions on Iran via the so-called “snapback” mechanism linked to an international nuclear deal, the European Union’s foreign policy chief said. Since the US unilaterally withdrew from the agreement, officially known as the Joint Comprehensive Plan of Action (JCPOA),… Read More
18th August 2020
The Trump administration is readying new rounds of sanctions against Syria, U.S. officials said, planning to expand its blacklist by focusing on financial-support networks outside the war-torn nation in a renewed effort to coerce Damascus into peace talks. As President Bashar al-Assad has secured military and political gains in… Read More
6th August 2020
At first glance, the shipping trailers that arrived at the Italian port of Salerno appeared to contain only paper, rolled up on giant industrial spools as tall as a man. But when an investigator sliced into one of the rolls with an electric saw, he unleashed an avalanche of little… Read More