In the wake of increasingly debilitating sanctions, Iran takes advantage of the fact that its steel industry is not under sanctions and floods the African and Asian markets with cheap construction materials.
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic’s oil sector, including the Iranian Ministry of Petroleum, in Washington’s latest action to increase pressure on Tehran.
The United States sanctioned two officials on Thursday of the U.S.-designated terrorist group Hezbollah.
A day after U.S. intelligence officials blamed Iran for conducting an email campaign attempting to intimidate Democratic voters, the Trump administration blacklisted five Iranian entities including its elite Islamic Revolutionary Guard Crops for meddling in the upcoming U.S. presidential election.
U.S. authorities have seized two domain names linked to an Iran-backed terrorist group operating in Iraq, the Justice Department announced on Wednesday.
Warren Buffett’s Berkshire Hathaway Inc agreed to pay $4.14 million to settle civil allegations that a Turkish subsidiary committed “egregious” violations of U.S. sanctions against Iran, the U.S. Treasury Department said on Tuesday.
According to the National review (12 October), Iran and Venezuela are circumventing American energy sanctions. The article emphasizes that in July 2020, Iran took control over the El Palito refinery from Venezuelan government as payment for the Iranian oil delivered to Venezuela in recent months.
The United States on Monday said it blacklisted two Chinese men and six Chinese entities for having dealt with Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) and, in some cases, helping it to evade U.S. sanctions.
Germany had the highest volume of trade with Iran among the 27 members of European Union in the first seven months of 2020, accounting for 41% of Iran’s total exchanges with the bloc, latest statistics released by Eurostat show.
An Iranian national who ran a financial services company designed for cyber criminals has been sentenced in the US after being arrested and extradited from the UK, the National Crime Agency (NCA) has said.
The United States has threatened to impose sanctions against any individual or entity that contributes to Iran’s conventional weapons program while rejecting the expiration of a United Nations arms embargo on Tehran.