Category: Embargoes and Sanctions

Two Iran-linked Ships Passed Through Strait of Hormuz Ahead of U.S. Blockade

The New York Times – Business:
The vessels exited the Strait of Hormuz on Monday, hours before a U.S. naval blockade took effect.
Trump Administration’s Temporary Reprieve on Russian Oil Expires

The New York Times – Business:
A sanctions waiver aimed at keeping global oil prices down had allowed Moscow to sell oil currently at sea.
How Iran, Suffering Under Sanctions, Diversified Its Economy

The New York Times – Business:
As the nation contended with high inflation, high unemployment and unrest before the war, it became more than just an oil exporter.
How the Strait of Hormuz Stifled a Market Rally

The New York Times – Business:
Questions about how freely ships can pass through the waterway have pushed up oil prices and weighed on stocks.
Is the Strait of Hormuz Reopening? What to Know Under Iran-Cease Fire.

The New York Times – Business:
Vessels are wary of passing the coast of Iran in the strait, given the fragile agreement, and the number of ships traveling through it has even dropped.
Investors Still Have Questions About the Cease-Fire

The New York Times – Business:
Analysts and traders are anxiously watching the Strait of Hormuz and whether peace talks can resolve big differences between the United States and Iran.
U.S. Lifts Sanctions on Venezuela’s New Leader, Delcy Rodríguez

The New York Times – Business:
Removing sanctions would allow Delcy Rodríguez, the country’s acting leader, to conduct business with U.S. companies and potentially meet with President Trump.
The Oil Shocks of the ’70s Changed the World. Will the Iran War Do the Same?

The New York Times – Business:
Gas lines and quadrupling oil prices freaked out American consumers. But the oil crises also transformed global finance.
Binance Under Fire After Reports That $1.7 Billion in Crypto Flowed to Iran

The New York Times – Business:
The world’s largest crypto exchange is under fire after investigators found accounts moving $1.7 billion to Iranian entities. Clues about those accounts were in plain sight for over a year.
Trump Draws Bipartisan Backlash for Easing Oil Sanctions on Russia and Iran

The New York Times – Business:
Republicans and Democrats alike have criticized the Trump administration’s moves, taken to stabilize oil markets rocked by the war with Iran, warning that it is benefiting two U.S. adversaries.
High Oil and Gas Prices Could Outlast Trump’s War With Iran

The New York Times – Business:
While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
Trump Faces Blowback on Easing Iran Oil Sanctions

The New York Times – Business:
President Trump once assailed the Obama administration for making cash payments to Iran. Now he supports sanctions relief that could give the country a $14 billion windfall.