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Iran Sanctions

US sanctions dozens of individuals, entities, vessels tied to Iran’s oil and gas exports

US sanctions dozens of individuals, entities, vessels tied to Iran’s oil and gas exports

The US Treasury Department said on Thursday it imposed sanctions on more than 50 individuals, entities and vessels involved in facilitating Iran’s petroleum and liquefied petroleum gas (LPG) exports, in a move aimed at curbing Tehran’s energy revenues.

US sanctions firms in China, Turkey and UAE over Iran links

US sanctions firms in China, Turkey and UAE over Iran links

The US government added more than two dozen companies in China, Turkey and the United Arab Emirates to a trade blacklist, accusing them of providing illicit support to Iran’s military or its regional proxies, Bloomberg reported on Thursday.

Sanctioned Iranian ship unloads urea in Brazil, port data shows

A US-sanctioned Iranian cargo ship has discharged a 60,000-ton shipment of urea at a Brazilian port this week, according to official maritime data reviewed on Thursday in São Francisco do Sul.

Turkey gas shift threatens Iran’s last major European market

Turkey’s accelerating move to replace Russian and Iranian pipeline gas with domestic production and US liquefied natural gas (LNG) could shrink Tehran’s last major European export market, Reuters reported on Wednesday.

Iranians warn state-imposed crypto caps will backfire as rial collapses

Iranians warn state-imposed crypto caps will backfire as rial collapses

Iranian traders, economists and digital market participants are alarmed by new state curbs on stablecoin holdings, telling Iran International the Central Bank’s decision will choke savings and drive capital offshore amid the historic devaluation of rial.

Araghchi says Netanyahu fabricated Iran missile threat to drum up new war

Araghchi says Netanyahu fabricated Iran missile threat to drum up new war

Iran’s foreign minister on Tuesday said Israeli Prime Minister Benjamin Netanyahu had lied about Tehran's ambitions to put the United States in range of its missiles to dupe Washington into a new attack.

Iran ready to repel any new aggression, Revolutionary Guards commander says

Iran ready to repel any new aggression, Revolutionary Guards commander says

The commander of the Islamic Revolutionary Guards Corps' Aerospace Force said on Tuesday that Iranian forces had recovered from a 12-day war with Israel in June and were ready to respond to any fresh attack.

Sapped by war and sanctions, Iran seeks Chinese arms as payment for oil

Sapped by war and sanctions, Iran seeks Chinese arms as payment for oil

Iran’s Revolutionary Guard and the Armed Forces General Staff have been negotiating with commercial partners in China to acquire missiles, drones and air defense systems as payment for oil shipments, an informed source told Iran International.

Germany says EU sanctions allow limited private money transfers with Iran

Germany says EU sanctions allow limited private money transfers with Iran

Germany’s foreign ministry told Iran International that the European Union’s reimposed sanctions on Iran include financial restrictions but still allow limited personal money transfers.

Iranian tycoon says $2.3 billion seized from his Malaysian bank in Crescent dispute

Iranian tycoon says $2.3 billion seized from his Malaysian bank in Crescent dispute

Iranian businessman Babak Zanjani, a tycoon once sentenced to death for corruption before receiving clemency, said that $2.3 billion from a Malaysian bank account tied to him was seized to help pay an international arbitration award against Iran’s National Oil Company (NIOC).

World Bank warns of deeper recession in Iran after UN sanctions and June war

World Bank warns of deeper recession in Iran after UN sanctions and June war

Iran’s economy is set to shrink this year and next as tighter sanctions, falling oil exports, and the aftermath of this year’s conflict weigh heavily on output, the World Bank said on Tuesday, even as it raised its overall growth forecast for the broader Middle East region.

'Worse every day': Iranians detail surging food prices in wake of sanctions

'Worse every day': Iranians detail surging food prices in wake of sanctions

People in Iran face skyrocketing prices for food and everyday goods, according to text and multimedia submissions sent to Iran International, as the return of UN sanctions slams the economy and deepens anxiety.

China trades cars for Iranian copper as sanctions revive barter economy - BBG

China trades cars for Iranian copper as sanctions revive barter economy - BBG

China and Iran have quietly stepped up their mutual trade via barter transactions, Bloomberg reported, exchanging Chinese cars for Iranian copper and zinc to circumvent deepening international sanctions.

Iran's oil minister says new field discovery could ease energy crunch

Iran's oil minister says new field discovery could ease energy crunch

Iran’s oil minister announced the discovery of a new oil and gas field in the country's south on Monday, saying it could help ease the country’s growing energy shortages wrought by sanctions and aging infrastructure.

EU seeks to make Iran a responsible regional partner, foreign policy chief says

EU seeks to make Iran a responsible regional partner, foreign policy chief says

The European Union aims to work with regional partners to encourage Iran to act as a responsible power in the Middle East, EU foreign policy chief Kaja Kallas said on Sunday, as the bloc is reimposing UN and EU sanctions.

Iran blasts US 'law-breaking' after Trump threat warning

Iran blasts US 'law-breaking' after Trump threat warning

Iran's foreign ministry on Monday branded the United States a "law-breaking" country, rejecting any prospect of talks with Washington after US President Donald Trump warned he would again bomb Iran if it resumes nuclear activities.

China uses secret network to pay Iran for oil - WSJ

China uses secret network to pay Iran for oil - WSJ

China is secretly funneling billions of dollars to Iran through a covert payment system that bypasses US sanctions by swapping oil for infrastructure projects, The Wall Street Journal reported, saying the hidden conduit enabled Tehran to receive up to $8.4 billion last year.

Iran blames Western 'excessive demands’ for failed talks

Iran blames Western 'excessive demands’ for failed talks

Western countries rejected renewed negotiations with Tehran because of what Iran’s Foreign Minister Abbas Araghchi described as excessive demands on Sunday.

Erdogan’s Iran sanctions order fuels anger and debate over Ankara motives

Erdogan’s Iran sanctions order fuels anger and debate over Ankara motives

Turkish President Recep Tayyip Erdogan’s sudden decree to freeze the assets of dozens of Iranian individuals and entities linked to Tehran’s nuclear program has jolted Tehran, provoking sharp criticism across Iranian media.

Tehran pins hopes on Russia and China to blunt sanctions impact

Tehran pins hopes on Russia and China to blunt sanctions impact

With Russia’s UN Security Council presidency and China’s economic leverage, Tehran is betting Moscow and Beijing can shield it from the impact of UN sanctions through legal maneuvers, committee vetoes, and strategic investments.

Australia, New Zealand to implement revived UN sanctions on Iran

Australia, New Zealand to implement revived UN sanctions on Iran

Australia and New Zealand said they will implement revived United Nations sanctions on Iran, officials told Iran International, backing a decision by France, Germany and Britain to trigger the snapback mechanism over Tehran’s nuclear program.

Iran sanctions snapback heralds suffering, possible war

Iran sanctions snapback heralds suffering, possible war

International sanctions renewed on Tehran over the weekend are already making life harder for ordinary Iranians and may signal an impasse that could lead to renewed war, experts told Iran International’s podcast Eye for Iran.