The U.S. is imposing sanctions on one individual and three money exchange houses in Yemen and Turkey accused of "facilitating the flow of Iranian financial assistance to Houthi forces ...
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Esfehan Mobarakeh Steel Company – Involved In
Houthis’ Red Sea attacks a part of Iranian ‘Axis of Resistance’ plot to ‘defeat US’
The intensifying attacks on commercial ships in the Red Sea by Houthi rebels is a concerted and unsettling effort by Iran to “defeat the United States” and “spread the ...
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Navy shoots down ballistic missiles launched by Iran-backed Houthis in Red Sea
The U.S. Navy shot down anti-ship ballistic missiles on Tuesday launched by incoming Iran-backed Houthi missiles in the Red Sea, signaling a significant escalation in the region, a senior ...
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The influence of sea power in Iran’s proxy war
The ongoing Israel-Hamas War has taken on a surprising maritime dimension. Unseen since the 1967 Six-Day War, a belligerent in a conflict with Israel has adopted a strategy of ...
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Iranian officials try to downplay corruption case
An extensive effort is under way in Iran to downplay a major financial corruption case at the Mobarakeh Steel Plant, involving many influential regime insiders.
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Corruption Investigation Rocks Iran’s largest steelmaker
One of Iran's biggest cash cows, the Mobarakeh Steel Company, is reeling from the release of a lengthy parliamentary investigation that alleges corruption amounting to $3 billion tied to ...
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