
Iran eyes Pakistani ports as route around US blockade
Iran is exploring using two of Pakistan’s ports to keep trade moving amid the US blockade of its own ports, a senior Iranian official said on Tuesday.

Iran is exploring using two of Pakistan’s ports to keep trade moving amid the US blockade of its own ports, a senior Iranian official said on Tuesday.

An illicit Iranian gambling network helped move at least $4 billion through an unlicensed Dubai-based cryptocurrency exchange that also handled funds for sanctioned Iranian institutions, a Reuters investigation found.
The United States has offered a reward of up to $15 million for information that disrupts the financial mechanisms of Iran's Revolutionary Guards (IRGC), focusing on a company Washington says plays a key role in producing drones used by Tehran and its regional allies.
The United States on Wednesday imposed sanctions on ten companies and eight tankers linked to Iran's oil trade as Tehran said it had stopped three commercial vessels in the Strait of Hormuz, underscoring the ongoing battle over the strategic waterway.

Russia’s turn to imported gasoline after Ukrainian attacks damaged its refineries is adding demand to a tight Asian fuel market, creating a potential new complication for Iran as it struggles to cover a daily shortfall of about 30 million liters.

Britain formally designated Iran’s Islamic Revolutionary Guard Corps as a threat to national security on Friday, making public support for the organization or assistance to it punishable by up to 14 years in prison.

Britain's decision to create a new legal framework targeting Iran's Revolutionary Guards was driven less by political pressure than by the scale of alleged Iranian activity on British soil, according to Jonathan Hall, the UK government's independent reviewer of terrorism laws.

Britain said on Monday it would designate Iran's Islamic Revolutionary Guard Corps and two other groups under new state threats legislation, making it a criminal offense to support or assist them if the measure is approved by parliament later this week.

Britain has enacted legislation creating powers that could allow the government to designate Iran's Islamic Revolutionary Guards Corps under a new legal framework targeting organizations linked to hostile foreign state activity as of July 2026.

The European Association of Nuclear Medicine (EANM) said Monday that Iranian nationals are not barred from attending its 2026 congress, clarifying that restrictions apply only to invitation letters issued in support of visa applications.

For just over two weeks, Iran had something it had not held in decades: a US authorization opening the way for the sale of its oil. On Tuesday, after tanker attacks near the Strait of Hormuz, Washington took it back.

Iraqi security forces arrested dozens of officials in Baghdad on Sunday, including figures linked to Shia parties close to Iran, sources told Iran International, in a sweeping operation tied to a corruption case involving alleged smuggling of Iranian oil.

The new US-Iran memorandum of understanding marks a fundamental shift in Washington's approach to Tehran, replacing years of "maximum pressure" with an effort to use economic incentives to secure nuclear concessions, experts told Iran International.

Iranian entities moved more than $3.84 billion in cryptocurrency through the Seychelles-based exchange CoinEx over the past six years, helping connect Iran's crypto ecosystem to global markets despite US sanctions, The Wall Street Journal reported on Wednesday.

The United States' new Iran sanctions waiver could do more than boost Iranian oil exports. It may also help shift Iranian energy trade from shadow networks back toward conventional global markets.

Iran said on Tuesday it had no plan for UN nuclear inspectors to visit sites damaged in US and Israeli strikes, rejecting Vice President JD Vance’s statement that discussions on their return could begin as soon as Monday.

The United States on Monday announced a sweeping sanctions waiver for Iran's energy sector, authorizing the sale of Iranian oil, allowing payments to Tehran in US dollars and opening the door for Iranian oil and petroleum products to be imported into the United States.

Nearly half a century after Iran's revolutionary government severed ties with Washington, took US diplomats hostage and turned "Death to America" into one of its defining slogans, a new US proposal could see frozen Iranian assets used to purchase American goods.

Iran’s official medicine market is being hollowed out as policy instability, currency disruptions and shortages push more patients toward illegal sellers, counterfeit drugs and informal supply networks, industry figures and officials have warned.

The US Justice Department is investigating how Iran’s Supreme Leader Mojtaba Khamenei built a global investment portfolio with exposure to Wall Street banks, Bloomberg reported, citing four officials with direct knowledge of the matter.

A UK minister said new state-threat legislation could give the Home Secretary power to act against hostile state-backed threats, as lawmakers pressed the government over the IRGC, Iran-linked proxy groups and threats to UK-based journalists and Jewish communities.

Iran’s parliament research arm warned the country’s power grid could face a 13,640-megawatt summer peak deficit, about 17% of projected demand and roughly a third of the country’s average 2024 electricity load, as war damage deepens chronic power shortages.