How a Binance Vendor Opened a Backdoor for Iran’s Sanctions Evasion
Binance failed for months to cut ties with a payment-processing vendor despite a series of red flags that pointed to possible sanctions evasion and money laundering involving transfers later linked to Iran.
Even with U.S. Waiver, Iran’s Oil Heads for China
China remains the destination for about 90 percent of Iranian crude exports despite a recent U.S. sanctions waiver intended to release previously restricted oil onto global markets.
How a Tiny Zurich Bank Became a Nexus for Risky Transactions
It was a tiny Swiss bank, headquartered in an open-plan office close to Lake Zurich and little known abroad. But MBaer Merchant Bank AG would sometimes charge clients 10 times the normal rate to process payments.
India Begins Buying Iranian LPG Again
India has purchased its first cargo of Iranian liquefied petroleum gas in years after the United States temporarily lifted sanctions on Tehran’s oil and refined fuel exports.
Iran War Gives Russia Trade Leverage with Critical Fertilizer Market
Russia is reaping a financial windfall from the U.S.-Israel war against Iran, as supply disruptions in the Middle East drive up global fertilizer prices and sharpen debate in Europe over whether to ease curbs on Russian exports.
How an Irish Alumina Refinery Strengthens Russia’s Arsenal
An Irish alumina refinery owned by Russian metals group Rusal is part of a supply chain that appears to end with Russian arms manufacturers involved in the war in Ukraine, according to new reporting by The Guardian that cites leaked records and public trade data.
Iran’s Blacklisted Supreme Leader Appears to Be Paying for Premium X Account
Iran’s Supreme Leader Mojtaba Khamenei has obtained a blue check mark on his official English-language X account, despite the social-media platform’s policy barring sanctioned individuals from purchasing its premium subscription service, CNBC reported.
Trump’s Iran Sanctions Lift Could Give Tehran $14bn Windfall
President Donald Trump is facing bipartisan blowback after his administration temporarily eased sanctions on Iranian oil, a move that could allow Tehran to sell up to 140 million barrels now at sea and generate as much as $14 billion as oil prices surge during the U.S.-backed war against Iran.
Trial Begins for Ex-U.S. Lawmaker Accused of Lobbying for Venezuela
The trial of former U.S. Congressman David Rivera started Monday in Miami as the Florida Republican faces charges that he illegally lobbied American officials on behalf of Venezuelan interests without registering as a foreign agent.
U.S. Mulls Lifting Some Iran Sanctions to Mitigate Oil-Price Surge
The United States may remove sanctions in the coming days on about 140 million barrels of Iranian oil stranded aboard tankers at sea, according to The Guardian, which cited recent comments by U.S. Treasury Secretary Scott Bessent.