Sanctions

UK Sanctions Iran-Backed 'Criminal Network' and Its Leader

The United Kingdom on Monday accused Iran of helping criminal gangs to stage attacks in Europe as it sanctioned the Swedish-based Foxtrot criminal network and its leader, Rawa Majid. The sanctions were ordered over the network's role in attacks across Europe, the Foreign Office said, and would include travel bans and asset freezes. "Today, the ...

Iran Says Talks with US to Focus Solely on Nuclear Issue and Lifting Sanctions

Iran's foreign ministry said Sunday that talks with the United States slated for next weekend will remain "indirect" with Omani mediation and focused solely on the nuclear issue and lifting of sanctions. Iranian Foreign Minister Abbas Araghchi and US Middle East envoy Steve Witkoff held talks Saturday in Muscat, marking the ...

Iraqi Markets a Haven for Peddlers Escaping Iran's Economic Woes

Every Friday, Alawi crosses the border from Iran into Iraq to sell his produce in the markets of Basra, which serve as a haven for Iranians grappling with economic sanctions. He is just one of many Iranian peddlers who endure the arduous journey into southern Iraq through the Chalamja border crossing. They bring essential goods such as chicken, ...

US Imposes New Sanctions on Iran's Nuclear Program Before Talks

The United States on Wednesday announced new sanctions targeting Iran's nuclear program ahead of closely watched talks on the row between the longtime adversaries. The Treasury Department said it was imposing sanctions under additional authorities on five entities, including the Atomic Energy Organization of Iran and one individual over the ...

United States Targets Hezbollah's Sanctions Evasion Network

The United States’ Office of Foreign Assets Control (OFAC) announced on Friday the designation of a Lebanon-based sanctions evasion network that supports Hezbollah's financial operations. This network, managed by Hezbollah’s finance team, is said to oversee commercial projects and oil smuggling operations that generate significant revenue for ...

US Sanctions on Three Iran Officials for Ex-FBI Agent's Death

The United States on Tuesday announced sanctions on three purported Iranian intelligence officers over the death of former FBI agent Robert Levinson, despite President Donald Trump's outreach to the adversary for nuclear talks. "Our investigation continues—we will pursue all options to hold Iran accountable," FBI Director Kash Patel said in a ...

US Treasury Sanctions Iran Oil Minister

The US Treasury Department on Thursday issued sanctions against Iran's oil minister Mohsen Paknejad, as President Donald Trump seeks to increase pressure on Tehran. "The Iranian regime continues to use the proceeds from the nation's vast oil resources to advance its narrow, alarming self-interests at the expense of the Iranian people," US ...

UK Eases Sanctions on Syria, Lifts Restrictions on 24 Entities

The UK government lifted sanctions imposed during the rule of the former Syrian leader Bashar al-Assad against 24 entities, including Syria's Central Bank, a statement said. The UK government said last month it planned to ease sanctions after the new Syrian government sought to persuade Western capitals that the rebels that toppled Assad after 14 ...

US Slaps Sanctions on Iranian National Oil Company Chief over Oil Shipments

The United States on Monday announced sanctions against more than 30 Iran-linked people and vessels, including the head of the national oil company, for brokering the sale and shipment of Iranian oil. "Iran continues to rely on a shadowy network of vessels, shippers, and brokers to facilitate its oil sales and fund its destabilizing activities," ...

Australian Government Imposes Sanctions on Hezbollah's Chief

The Australian Government imposed sanctions on Monday targeting Hezbollah’s Secretary-General Naim Qassem. Naim Qassem is part of a group of entities sanctioned by Australia in its “the fight against terrorist financing and ongoing work to combat anti-Semitism and ensure the safety of Australians,” reads a statement published by the ...

Syria Sanctions: EU's 'Carrot and Stick' Policy

The 27-member European Union agreed on Monday on a "roadmap" to gradually ease sanctions on key sectors of the Syrian economy that were imposed under the former regime of Bashar al-Assad. However, the EU has ruled out any unconditional lifting of these measures. The process will be gradual and subject to strict conditions. In other words, the bloc ...

US and UK Unveil Widespread Sanctions Against Russia's Energy Sector

The United States and Britain on Friday announced sanctions against Russia's energy sector, including oil giant Gazprom Neft, just days before outgoing President Joe Biden leaves office. The US Treasury Department said it was designating more than 180 ships and Russian oil majors Gazprom Neft and Surgutneftegas, fulfilling "the G7 ...