Ali Ansari, an Iranian businessman under UK sanctions for allegedly financing Iran’s Islamic Revolutionary Guards, built a European property portfolio worth about €400 million, according to a Financial Times investigation based on corporate filings.
Cryptocurrency is a rare tool embraced by both Iran’s rulers and its citizens—used at the top to enrich elites to dodge sanctions and at the bottom to survive the economic devastation wrought by their policies.
US officials told Iraqi leaders Washington would starve Baghdad of oil revenue if it kept up economic links with Iran and would suspend ties if politicians deemed close to Iran became ministers, Reuters reported on Friday citing sources.
The US Treasury on Friday slapped new sanctions on ships and their owners it accuses of enriching the Iranian state and fueling its repression following mass killings of protestors earlier this month.
One year after US President Donald Trump returned to the White House and revived the "maximum pressure" sanctions on Iran from his first term, available data show the country’s energy exports remain largely intact.
US Treasury Secretary Scott Bessent said on Wednesday Washington is tracking what he described as a surge of capital flight by Iran’s ruling elite, as fears grow over the possible collapse of the Islamic Republic amid unrest and threats of a US strike.
A 25 percent tariff on US imports from any country that trades with Iran appears aimed at punishing third countries, but it is likely to hit Tehran far harder.
European governments are using disputes over Iran’s alleged role in Ukraine and the nuclear dossier to justify tougher measures against Iran, Russia’s ambassador to Tehran told state media.
The US Treasury on Tuesday imposed new sanctions on individuals and firms in Iran and Venezuela, accusing them of facilitating weapons transfers, including Iranian-made combat drones for Venezuela and procurement networks tied to Iran’s missile program.
Iran’s handwoven carpet industry has fallen to its lowest level on record, hit by US sanctions, restrictive foreign-currency rules and regional instability that have driven exports close to collapse, the Financial Times reported on Friday.
Comments by Iran’s foreign minister describing international sanctions as having blessings have sparked a wave of criticism from economists and social media users, many accusing senior officials of being detached from the economic hardship faced by ordinary citizens.
A leading economic newspaper in Tehran warned that poverty and inequality in Iran are deepening under intensified international sanctions, saying nearly one-third of the country’s wealth is now concentrated in the hands of just one percent of the population.
The US Treasury on Thursday announced new sanctions targeting 29 vessels and multiple shipping firms accused of helping Iran evade oil sanctions, intensifying pressure on what Washington describes as Tehran’s shadow fleet.
Iran has built a covert network to keep its aviation sector operating despite sweeping international sanctions, using front companies, smuggling routes and deceptive flight practices, according to a joint report by the Institute for National Security Studies and ColEven.
A former Iranian lawmaker, citing the fate of Iran’s claims after the fall of Syria’s Bashar al-Assad, urged Tehran to move quickly to recover what he said were more than $2 billion of assets in Venezuela, as Washington escalated pressure on Caracas.
US treasury fined crypto wallet firm Exodus Movement $3.1 million for violating Iran-related sanctions, saying it provided customer support to users in Iran and, in some cases, advised them to use VPNs to bypass restrictions on access to digital asset exchanges.
US President Donald Trump’s new National Security Strategy (NSS) signals a more hands-off approach toward Iran and marks a departure from the outlook of his first term, according to veteran Iran-watcher and analyst Behnam Ben Taleblu.
The seizure by US forces last week of an oil tanker in the Caribbean for allegedly transporting sanctioned oil from Iran and Venezuela may signal a policy shift that could endanger the funding of Iran's Islamic Revolutionary Guard Corps.
A senior adviser to Iran’s Supreme Leader said Iran is pushing a strategy to link security with economic development in its southeast, arguing that closer trade with neighboring countries will blunt the impact of US sanctions.
As diplomatic horizons narrow and domestic hardships mount, Iran appears to endure less through strategic vision than an ad hoc survival economy backed up by China, Russia and its armed allies abroad.
Attorney General Pam Bondi announced on Wednesday that US forces had seized a tanker for shipping oil from Venezuela and Iran, publishing footage of troops rappelling onto the vessel by helicopter.
Drone attacks on US-run oilfields in Iraqi Kurdistan – blamed by local authorities on Iran-aligned militia – prompted a US pressure campaign that helped restart the Kirkuk–Ceyhan export pipeline, a move Washington views as curbing funding for Iran-backed groups, Reuters reported.