US Treasury sanctions two more Iran-linked crypto exchanges
As part of its ongoing “Economic Fury” campaign, the US Treasury has sanctioned two cryptocurrency exchanges—Shelbit and Aban Tether—for helping facilitate financial transactions for Iran’s Islamic Revolutionary Guard Corps (IRGC). Shelbit: Despite being registered in Dubai and lacking obvious ties to Iran, this exchange allegedly processed a massive $6.3 billion over two years. The Treasury […]
US Imposes Sanctions on 7 People and Firms Linked to Iranian Arms Network
The US Treasury Department has imposed sanctions on 7 individuals and entities due to their alleged connections with an international network that illegally procures weapons for Iran’s Islamic Revolutionary Guard Corps (IRGC). The key highlights are as follows: Global Network: The sanctioned individuals and companies are located in Iran, Russia, Italy, and Nigeria. These actors […]
Persian Gulf Strait Authority says US sanctions will not secure control of Hormuz
Iran’s Persian Gulf Strait Authority dismissed recent US sanctions, stating that the measures will not allow Washington to gain control over the strategic Strait of Hormuz. The Authority condemned the US sanctions, framing them as proof of its own operational success. Despite the US measures, the agency stated it continues to process requests and issue […]
US Sanctions on Iranian Cryptocurrency Exchanges
The US has added four digital asset exchanges to its sanctions list, including Iran’s largest cryptocurrency exchange, Nobitex. In a statement from the US Department of the Treasury, it was reported that the Office of Foreign Assets Control (OFAC) has issued new sanctions against Iran under the “Economic Fury” campaign. The statement noted that Nobitex […]
US Targets Iran-Linked Network Facilitating Oil Sales to China
The United States has announced a new round of sanctions against 12 individuals and companies accused of helping Iran bypass international restrictions to sell and ship oil to China. This latest economic measure, announced on Monday, May 12, 2026, arrives just days before US President Donald Trump is scheduled to meet with Chinese President Xi […]
Australia Ramps Up Pressure on Tehran with New Sanctions
In a coordinated move with the United Kingdom, the Australian government has announced a fresh round of financial restrictions and travel bans targeting Iranian officials and organizations. This latest diplomatic push, announced on Tuesday, May 12, 2026, focuses on those allegedly responsible for internal repression and the funding of military activities. Foreign Minister Penny Wong […]
EU Expands Iran Sanctions to Target Strait of Hormuz Blockades
The European Union is gearing up to widen its sanctions against Iran, focusing specifically on individuals and organizations responsible for obstructing traffic through the Strait of Hormuz. According to Reuters, two EU diplomats confirmed that member state ambassadors have reached a political consensus. They plan to update their sanctions criteria to officially penalize anyone interfering […]
US Hits Iran’s Oil Transport Network with New Sanctions
On Wednesday, the U.S. Treasury Department announced a fresh wave of sanctions aimed at crippling Iran’s oil transportation infrastructure. The new measures target a total of more than two dozen individuals, businesses, and ships. The primary focus of these sanctions is a shipping network operated by Iranian oil tycoon Mohammad Hossein Shamkhani. He is the […]
US Ends Temporary Waiver on Iranian Oil Sanctions
The US Treasury Department announced it will not renew a short-term exemption that allowed the sale of Iranian oil already stranded at sea. The temporary easing, which expires on April 19, was initially implemented to stabilize global energy prices following supply shocks from a war that began on February 28. It only applied to oil […]
EU Sanctions Chinese, Iranian, and Pro-Russian Actors for Cyberattacks and Disinformation
The European Union has announced two new sets of sanctions targeting entities and individuals involved in cyber espionage and the spread of pro-Russian propaganda. The EU penalized two Chinese companies, one Iranian company, and two individuals for conducting cyberattacks against member states: Integrity Technology Group (China): Sanctioned for providing tools that were used to hack […]