Iran sanctions
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General Assembly Weighs Russia-China Veto of Iran Sanctions Panel
The UN General Assembly debated Russia and China's veto blocking renewal of the expert panel monitoring Iran sanctions, deepening a rift over 2025's snapback process.

Treasury Sanctions Iran's Auto, Rail and Steel Networks
New Treasury and State Department sanctions hit Iran's largest automaker and state rail operator, part of a campaign to cut off remaining industrial revenue as US military pressure builds in the Gulf.

Trump Denies Offering Iran Sanctions Relief for Nuclear Concessions
President Trump denied offering Iran sanctions relief and frozen-funds release for nuclear concessions, contradicting an anonymous official's account reported a day earlier.

Trump Open to Easing Iran Sanctions If Nuclear Talks Progress, Official Says
A U.S. official told The Jerusalem Post that Trump could bend on Iran sanctions if nuclear issues advance, and that indirect talks remain constructive. No deal without nuclear terms.

Operation Economic Outcast: The Sanctions Campaign That Has to Hold Until November
Treasury's formal economic pressure campaign against Iran has a name, a coalition of unusual partners, and measurable effects on oil markets. Here is what it covers, who is in it, and what has to go right in the next 45 days.

US Treasury Thanks Turkey, Oman, UAE for Backing Iran Sanctions
Treasury Secretary Scott Bessent thanked the UK, Turkey, Oman and the UAE for backing US sanctions on Iran amid the ongoing Strait of Hormuz standoff.

Iranian Flights Grounded as US 'D-Day' Sanctions Take Effect
New American sanctions targeting Iran have cancelled flights and deepened economic pressure as Saudi Arabia intercepts Houthi missiles and back-channel Hormuz talks emerge.

Trump Signs Dual Sanctions Law Targeting Russia and Iran
President Trump signed legislation expanding economic pressure on Moscow and extending restrictions on Tehran, tightening the financial grip on two key U.S. adversaries simultaneously.

Xi Jinping Visits Egypt for First Time in a Decade as Middle East Tensions Mount
China's president arrived in Cairo to deepen economic ties and shore up Arab partnerships ahead of a Trump meeting, as U.S. strikes on Iran and expanded sanctions complicate Beijing's regional position.

The Bypass Economy: Who Profits When Hormuz Stays Closed
A week of near-total Strait of Hormuz closure triggered something the diplomatic calendar missed: a rush of infrastructure investment designed to make the strait optional. The winners are already being chosen.

Egypt's Banque Misr, UAE Central Bank Open Urgent Iran Sanctions Reviews
Egypt's state-owned Banque Misr is reviewing a formal US Iran sanctions notice while the UAE central bank launches its own urgent compliance examination, Reuters reports.

Iran's Pezeshkian Urges Trump to Avoid Turmoil, Backs Dialogue
Iranian President Masoud Pezeshkian called on Trump to refrain from creating turmoil Saturday, saying dialogue and a memorandum of understanding can resolve outstanding disputes.

U.S. Sanctions Iran Oil Trader Wellbred as China and Tehran Push Back
Washington blacklisted oil trader Wellbred over alleged Iran ties, escalating pressure that drew sharp retaliatory warnings from Beijing and Tehran's security chief.

Sinopec to Boost Non-Gulf Oil Imports as Iran Sanctions Widen
China's largest refiner plans to boost oil imports from outside the Persian Gulf as U.S. secondary sanctions on Iran expand and Houthi strikes disrupt Red Sea shipping.

Oil Falls as U.S. Prepares to Announce New Iran Sanctions
Crude prices declined Monday ahead of a U.S. announcement on new sanctions against Iran, with traders pricing in the prospect of tighter restrictions on Iranian oil exports.

Without China, Trump's Iran Sanctions Have a Ceiling
Beijing is refusing to enforce US penalties against Tehran even as Treasury announces what it calls the toughest Iran sanctions in history. China's refiners are adapting, not complying.

US Sanctions Hezbollah, Pressures China to Back Iran Economic Squeeze
Treasury redesignated Hezbollah as serving the Iranian regime under IRGC-Quds Force command as Secretary Bessent urged Beijing to support measures he says could collapse Iran's government.

Bessent Vows Toughest Iran Sanctions as China and Russia Push Back
Treasury Secretary Bessent pledged the toughest-ever Iran sanctions and called on China to cooperate — analysts warn Beijing and Moscow's ties with Tehran could blunt the campaign.

Hengli Group Named Top Buyer of Sanctioned Iranian Crude, Analysts Say
China-based Hengli Group is the top importer of sanctioned Iranian crude oil, analysts say, part of a teapot refinery network shielding Tehran from U.S. economic pressure.

Congress Advances Russia-Iran Sanctions to Squeeze Putin's Oil Revenue
The Senate passed a sweeping Russia-Iran sanctions package 86-11. The House moved to advance it August 10 as oil markets brace for tighter supply.

Treasury Sanctions Networks in China, India, and Russia Supporting Iran's Mahan Air and IRGC
The U.S. Treasury targeted six entities and individuals across four countries for enabling Mahan Air and an IRGC front company implicated in targeting U.S. and Israeli assets.

Senate Advances Graham Bill for Harsher Sanctions on Russia and Iran
The Senate advanced the bipartisan Graham bill Tuesday night, targeting Russia and buyers of Russian and Iranian energy with penalties significantly beyond current U.S. sanctions.

Brent Crude Hits One-Month High as Hormuz Tanker Traffic Collapses
Brent hit $85.92 Friday — a one-month high — as IRGC attacks on Hormuz radar sites and Washington's Iran sanctions deadline drained tanker traffic to two-month lows.

US Sanctions Iran, IRGC-Linked Entities Over Hormuz Attacks
The U.S. Treasury has imposed a fresh sanctions package targeting Iran and IRGC-linked entities in response to recent attacks in the Strait of Hormuz.

Brent Crude Spikes to $76 After US Revokes Iran Oil Export Waiver
Oil prices jumped more than 5% after the US revoked Iran's oil export waiver and IRGC drones struck two tankers in the Strait of Hormuz, deepening the ceasefire collapse.

US Navy F/A-18 Disables Iran-Bound Oil Tanker in Gulf of Oman
A US Navy Super Hornet struck and disabled an unladen tanker headed to load Iranian crude, CENTCOM said, as Tehran announced a new maritime security belt across regional sea lanes.

US Pressures Oman to Cut Ties With Iran, Threatens Sanctions
The Trump administration is demanding Oman sever diplomatic relations with Iran, threatening sanctions or military action against the Gulf state over its historic neutrality, the Wall Street Journal reports.

US Crude Exports Hit Records as SPR Drawdowns Cool Brent
US crude exports have surged to all-time highs and SPR releases keep flowing as Brent eases off recent highs on rising bets that a Hormuz deal is near.

Bessent: No Sanctions Relief Until Hormuz Opens, Iran Surrenders Uranium
Treasury Secretary Scott Bessent laid out Washington's firm preconditions for any Iran sanctions relief, warning that Hormuz and uranium must come first.

Treasury hits 19 vessels, Amin Exchange in Iran sanctions tranche
Treasury and State on May 22 designated 19 ships, money-changer Amin Exchange and a UAE-Turkey-Hong Kong front network — the financial leg of the Economic Fury campaign.

Trump Vows Hormuz Stays Open as Iran Warns of Economic Pain
Trump pledged the Strait of Hormuz will not become an Iranian weapon while Tehran's foreign minister warned Americans of rising debt costs and senators broke with the president.

OFAC sanctions 10 entities over Iran weapons procurement
Treasury designates firms in China, Hong Kong and Belarus tied to Iran's CDPI procurement network feeding the Shahed UAV and ballistic-missile programs.

Oil Markets Fracture: Futures Say $101, Physical Barrels Cost $130
Front-month Brent futures and physical Dated Brent have diverged by more than $30 for the first time, as the Hormuz closure drains refinery stockpiles faster than financial markets can price the shock.

US Sanctions Chinese Oil Terminal in 12th Iran Crude Crackdown
State and Treasury designated Qingdao Haiye Oil Terminal and three Iranian currency exchange houses for processing tens of millions of barrels of sanctioned Iranian crude.

What does 'sanctions' actually mean? A mechanical explainer
The word 'sanctions' covers a dozen different mechanisms with vastly different impact. Here's how primary, secondary, and unilateral sanctions work — what bites, what doesn't, and why Iran is still functioning under maximum-pressure.