The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
Category: Embargoes and Sanctions
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U.S. Sanctions Zigzag in New World of Economic Warfare
With oil prices in mind, the Trump administration has deployed a haphazard approach to sanctions on Russia and Iran.
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War and Sanctions Accelerate China’s Currency Push
China’s bid to build a renminbi-based financial system beyond the U.S. dollar’s reach is gaining traction as a way to sidestep sanctions.
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Iran Again Tightens Its Grip on Shipping in the Strait of Hormuz
Traffic in the strait has all but halted as Iran renews its attacks, striking two vessels on Wednesday. More than 300 ships linked to Iran have passed through the strait since the war began.
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Syrian Billionaires Needed a Favor in Washington. They Invoked the Trump Name.
The attempt by the Khayyats to influence foreign policy while discussions are underway about potential Trump family deals is an increasingly common feature of the president’s second term.
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Syrian Billionaires Needed a Favor in Washington. They Invoked the Trump Name.
The attempt by the Khayyats to influence foreign policy while discussions are underway about potential Trump family deals is an increasingly common feature of the president’s second term.
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What the U.S. Blockade Means for Iran’s Economy
Putting a stop to Iranian shipping will further add to Iran’s economic pain, analysts said, but it might not be enough to force concessions or lessen the global energy crunch.
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Iran-Linked Ships Slow or Stop as U.S. Navy Enforces Strait of Hormuz Blockade
More than a dozen U.S. Navy warships are enforcing a blockade on all vessels from all nations entering or leaving coastal areas or ports in Iran.
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Two Iran-linked Ships Passed Through Strait of Hormuz Ahead of U.S. Blockade
The vessels exited the Strait of Hormuz on Monday, hours before a U.S. naval blockade took effect.
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Trump Administration’s Temporary Reprieve on Russian Oil Expires
A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea.
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How Iran, Suffering Under Sanctions, Diversified Its Economy
As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.
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How the Strait of Hormuz Stifled a Market Rally
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.