As Iranians fall into poverty, regime funds flow to regional proxies

| Economy

As Iranians fall into poverty, regime funds flow to regional proxies

As the cost of living soars and the poverty level rises, the Iranian regime has continued to fund its military operations at a high level.

Quarter of Iran's university professors emigrate as proxy wars take priority

| Economy

Quarter of Iran's university professors emigrate as proxy wars take priority

As the regime pours billions into proxy wars, university professors are escaping poverty-level salaries and chronic underfunding of education.

Iranian regime's support for Russia's war draws fresh censure from EU, UK

| Economy

Iranian regime's support for Russia's war draws fresh censure from EU, UK

New sanctions target shipping companies, vessels and Iranian ports used to transfer drones and missiles to Russia that support its war on Ukraine.

US sanctions Syrian conglomerate funding IRGC Quds Force, Houthis

| Economy

US sanctions Syrian conglomerate funding IRGC Quds Force, Houthis

Companies, individuals and vessels associated with Al-Qatirji Company have raised funds through the sale of Iranian oil to Syria and China.

Isolated and under sanctions, Iran and Russia connect bank card systems

| Economy

Isolated and under sanctions, Iran and Russia connect bank card systems

Locked out of key global banking systems and hemmed in by sanctions, the two pariah states have taken steps to link their banking systems.

US blacklists Chinese firms over links to Iranian regime's military programs

| Economy

US blacklists Chinese firms over links to Iranian regime's military programs

The US Department of Commerce has sanctioned six Chinese firms for aiding Iran’s drone and weapons of mass destruction programs.

EU moves to block Iranian regime's use of airlines to send arms to Russia

| Economy

EU moves to block Iranian regime's use of airlines to send arms to Russia

Iranian airlines have been used to evade sanctions, supply missiles and drones to Russia and undermine Middle East peace and security.

Ships, captains, companies sanctioned over illicit oil shipments for IRGC

| Economy

Ships, captains, companies sanctioned over illicit oil shipments for IRGC

The US has imposed a new tranche of sanctions on the network of Houthi financier Said al-Jamal, which is backed by the IRGC's Quds Force.

Oil tankers move away from Iran's Kharg Island in Israel attack aftermath

| Economy

Oil tankers move away from Iran's Kharg Island in Israel attack aftermath

Oil tankers have vacated the waters around Kharg Island terminal, satellite imagery shows, amid fears of retaliatory strikes on oil facilities.

Houthi weapons procurement operatives in Iran, China face sanctions

| Economy

Houthi weapons procurement operatives in Iran, China face sanctions

New US sanctions target those who support the Houthis' attempts to destabilize the region and threaten lives and freedom of navigation.