The US Treasury on Tuesday imposed fresh Iran-related sanctions on one individual and 35 entities, including all 27 remaining Iranian airlines, as Washington expanded pressure on Tehran’s aviation sector and networks supporting sanctioned carrier Mahan Air.
Britain said on Tuesday it was expanding sanctions on Iran, targeting key sectors including energy, metals, banking, insurance and shipping as part of efforts to restrict Tehran's nuclear program and other hostile activity.
Canada’s Federal Court has ordered the government to decide within 60 days on a visitor visa application from a former project manager at Iran’s Bushehr Nuclear Power Plant after the case remained in security screening for more than 900 days.
The Trump administration may be overstating Europe’s formal role in its “Economic D-Day” campaign against Iran, but years of economic and political convergence have increasingly aligned Europe with Washington.
Satellite imagery reviewed by Iran International shows a sharp fall in visible shipping activity at Shahid Rajaee and Imam Khomeini ports since the US naval blockade was reimposed in mid-July, underscoring the growing squeeze on Iran’s imports and exports.
The United States on Friday sanctioned Turkey’s Golden Global Bank and two subsidiaries over alleged financial dealings with Iran, escalating a campaign targeting foreign institutions accused of helping Tehran move money around sanctions.
A bank owned by the Iranian state is still open in London, operating on a temporary permission from the British Treasury that expires on October 22. Renewing it, or letting it lapse, is Britain's answer to Washington's campaign to shut Iran's banks for good.
Iran’s shadow banking network runs far deeper and wider than the network targeted by US sanctions last month, an Iran International investigation found, showing that Tehran used more than a dozen banks in China and the United Arab Emirates to access the global financial system.
Iran has enough foreign currency to keep paying for essential imports and is ready to put as much as $2 billion into the market to stabilize the rial, Central Bank Governor Abdolnaser Hemmati said on Tuesday.
Iran’s foreign trade has contracted sharply since the conflict with the United States began, with non-oil exports and imports falling by around a quarter or more, according to customs data released after months of delay.
Iranians described cancelled language tests, soaring costs, visa hurdles and internet restrictions as obstacles increasingly putting study abroad beyond reach, in messages sent to Iran International following new US sanctions.
Iranian students seeking admission to universities abroad are facing new uncertainty over access to tests such as TOEFL, GRE and Duolingo after Washington suspended a 12-year sanctions authorization covering academic exchanges, admissions services and standardized exams.
The Treasury Department’s opener for Operation Economic Outcast, launched Monday to cut Iran’s remaining income, suggests Washington sees Dubai, Istanbul and Baghdad — not Beijing — as the critical channels for Tehran’s money.
Iran’s trade with Dubai is showing growing signs of strain under the war and Washington’s new economic campaign, but sanctioned Iranian banks, flights and some commercial routes continue to operate despite calls for a sweeping cutoff, the Financial Times reported Saturday.
China’s refusal to bow to US sanctions has raised hopes in Tehran that Beijing could blunt Washington’s new economic offensive, but a debate inside Iran reveals doubts over how far China is willing or able to go on Iran’s behalf.
The US has opened a new front in its economic campaign against Iran by threatening to cut a major third-country bank out of the dollar system over alleged involvement in Tehran’s shadow-banking network.
The US Treasury moved Friday to cut the UAE branches of Egypt’s Banque Misr off from direct access to the US financial system over alleged dealings with Iran, marking the first major action in Washington’s new “Economic D-Day” campaign against Tehran.
Iranian banks and businesses continue to operate in Dubai despite Washington’s demand that countries sever their remaining economic links with Tehran, exposing the difficulty of isolating Iran from one of its most important commercial hubs, the Wall Street Journal reported.
Bank Melli Iran's branch in Hamburg remains open despite EU sanctions that Germany says apply to the Iranian state-owned bank's German operation, as Washington steps up pressure for its foreign branches to be closed.
Iran's drawdown of strategic fuel reserves has reached a “red alert” level and could exhaust remaining stocks within weeks, fueling disagreement between President Masoud Pezeshkian and the Revolutionary Guards, informed sources told Iran International on Wednesday.
Iranians described deepening financial hardship and questioned whether economic pressure can change government policy as the dollar hit a historic 2 million rials, extending the currency's sharp decline on Sunday.
A gasoline policy survey by Iran’s energy optimization chief has reignited debate over how the Pezeshkian administration should tackle the country’s fuel deficit without triggering another politically dangerous price shock.