Iran Sanctions

The US Justice Department is investigating whether a son of Iran’s former security chief breached sanctions while using a global network of banks, Bloomberg reported on Wednesday citing people familiar with the matter.

Western sanctions on Russia and Iran have led to an unprecedented buildup of oil held on tankers at sea, effectively absorbing excess supply and preventing a global glut, the head of commodities trader Gunvor Group said on Wednesday, according to Reuters.

A new report by Iran’s Statistical Center (ISC) reveals a sharp acceleration in food inflation, hitting millions of families where it hurts most.

A senior treasury official is traveling to the Middle East in a bid to ramp up pressure on Tehran and its armed affiliates, Reuters reported on Friday.

A former commander in Iran's Revolutionary Guards accused by Argentine prosecutors of involvement in a deadly 1994 bombing of a Jewish center was appointed the deputy chief of Iran's armed forces general staff, Iranian media reported on Thursday.

The United Kingdom on Thursday imposed sanctions on an Iranian businessman accused of providing financial and material support to the Islamic Revolutionary Guards Corps, the country's formidable transnational military organization.

The United States has reinstated a sanctions waiver allowing India to operate Iran’s Chabahar Port, weeks after Washington revoked the exemption as part of its so-called maximum pressure campaign on Tehran.

Discounts on Iranian crude sold to China have widened to their steepest levels in over a year as tougher Western sanctions on Iran and Russia disrupt logistics and discourage independent refiners already struggling with limited import quotas, Reuters reported on Wednesday.

State telecom contracts in Iraq are giving Iran-aligned companies a key role in one of Tehran's last allies in the Middle East, The Atlantic magazine reported, providing an important lifeline as sanctions and isolation deepen.

A New Zealand insurer is under investigation for allegedly helping vessels transport sanctioned Iranian and Russian oil, a Reuters special report said on Tuesday, as Tehran’s crude exports continue to flow mainly to China despite US sanctions.

A leading pharmaceutical industry figure warned that Iran faces inevitable production disruptions and severe drug shortages by March, as renewed UN sanctions under the snapback mechanism tighten access to foreign currency and strain supply chains.

Iran’s military and society are now more prepared than ever to deter a potential new conflict, Foreign Minister Abbas Araghchi said, four months after a US-brokered ceasefire ended a twelve-day war between Iran and its archfoe Israel.

Iran, Russia and China have told the International Atomic Energy Agency that its monitoring and reporting linked to the 2015 nuclear deal should end following the expiry of the UN resolution that endorsed it, Iranian media said on Friday.

The US Treasury’s Financial Crimes Enforcement Network identified about $9 billion in potential Iranian shadow banking activity that flowed through US correspondent accounts in 2024, the department said on Thursday.

Iran’s foreign minister said on Thursday that his ministry aims to soften and counter the effects of UN sanctions reinstated on Iran last month which are expected to deepen economic pain.

As Iranian consumers grapple with inflation and shortages, the country’s mid-tier car market which is dominated by Chinese automakers faces growing uncertainty following the renewal of UN sanctions in September.

Iran's foreign minister said on Wednesday it will not return to negotiations with the United States unless Washington abandons what it described as unreasonable and excessive demands.

Iranian President Masoud Pezeshkian has signed into law the country’s conditional accession to the United Nations Convention for the Suppression of the Financing of Terrorism (CFT), approving it only within the limits of Iran’s constitution and domestic legislation.