Trade between Iran and Pakistan remained suspended at two major border crossings on Tuesday, leaving trucks and cargo stranded, with Pakistani authorities citing security and anti-smuggling measures and Iran pointing to technical difficulties.
Between 30 and 40 of Iran’s operational aircraft were destroyed during the war, while another 70 to 80 were hit, Iran Air chief executive Taher Abdolhai said on Monday.
Mehrdad Akhlaghi Ketabchi, a sanctioned veteran of Iran's missile industry with ties to the Revolutionary Guards, became defense minister on Sunday, following his predecessor's killing in the war with the United States and Israel.
Iran managed to export jet fuel to Myanmar and send several shipments of liquefied petroleum gas out of the region despite a US naval blockade that has largely halted its crude exports, Reuters reported on Friday.
Iranian Parliament Speaker Mohammad Bagher Ghalibaf says part of the government’s anti-terror financing regulations violates Iranian law, adding that decisions on who is designated as terrorist must remain with the Supreme National Security Council.
The US Treasury’s latest warning over Iran’s alleged abuse of religious charities puts renewed attention on religious and charitable organizations outside Iran that have separately faced criminal, regulatory or government scrutiny over financial or institutional links to Tehran.
Iran on Tuesday summoned Britain’s ambassador and threatened to reconsider diplomatic relations after London blamed the IRGC for a suspected plot targeting a US-used airbase and Britain’s intelligence chief warned of growing Iranian threats to military sites.
Nearly three-quarters of respondents to an Iran International Instagram poll backed continued US pressure on the Islamic Republic, while thousands of comments revealed deep divisions over its economic cost and whether it could bring political change.
Britain said on Monday that Iran’s Islamic Revolutionary Guard Corps had “almost certainly” directed a suspected plot targeting RAF Fairford, as it vowed to crack down on Iranian criminal networks, sanctioned two Iranian nationals and summoned Iran’s ambassador.
Washington’s new sanctions are unlikely to stop a China–Iran freight train at the border, but may make the route Tehran has turned to under pressure from the US naval blockade costlier and less reliable.
The US blockade and tighter sanctions enforcement are cutting into Iran’s oil income and targeting financial networks that sustain the Islamic Republic, but may still fall short of forcing Tehran into concessions, experts said at an Iran International town hall in Washington.
The cost of transporting goods from Turkish ports to Iran has surged over fivefold in less than two months to about $8,000, Iranian media reported, as Washington pressures Turkey to help cut off Iran's overland trade routes to further isolate Tehran economically.
For the first time in Iran’s history, revenue from crude oil and condensate exports could dry up entirely by mid-December if the US blockade remains in place, according to the head of crude oil analysis at Kpler.
US Treasury Secretary Scott Bessent this week outlined an expanding campaign of what he called “absolute isolation” against Iran, targeting its oil revenue, overseas financial access and transport routes as Washington seeks to strangle Tehran’s economy.
More than two-thirds of respondents to an Iran International Instagram poll said the Trump administration’s pressure on the Islamic Republic is hurting ordinary Iranians more than the authorities.
Saudi Aramco has hired a US engineering firm to upgrade an offshore oil field it shares with Iran, which has fallen far behind several neighbors in developing shared energy reserves.
The US Treasury sanctioned 17 vessels and their owners Thursday under Operation Economic Outcast, saying the action effectively neutralizes most of Iran’s remaining shadow fleet.
The widening reach of US sanctions across Iran’s transport and industrial networks has raised alarms in Tehran that Washington is seeking to close off the alternative trade routes the country has relied on to circumvent years of economic pressure.
Iran’s Bank Parsian, under US sanctions, used its foreign-exchange arm to move millions of dollars abroad through a network of intermediaries, according to an Iran International investigation based on leaked internal correspondence and transaction records.
Senior IRGC commander Hossein-Reza Sadeghi and his son Saeed played central roles in efforts to preserve an IRGC Intelligence oil-sales network and shift its financial operations from the United Arab Emirates to Russia, an Iran International investigation found.
Workers across several sectors in Iran say employers are delaying or splitting wage payments, cutting benefits and warning staff they could lose their jobs for protesting, as inflation and rising living costs deepen pressure on households.
Iran’s currency fell to another record low against the dollar on Sunday, extending its decline during a US campaign aimed at restricting the Islamic Republic’s oil exports and financial flows.