Iran

Iran Leverages Oil to Court Other U.S. Rivals During Pandemic

Isolated in the midst of a international pandemic, Iran is applying its sanctioned oil and energy knowledge to garner favor and economical achieve from two other nations shunned by the U.S.: Syria and Venezuela.

Iran is providing some of its unsold oil to Syria in exchange for increased diplomatic influence in the area and bartering its crude-refining technological know-how for gold with Venezuela, according to individuals close to the three governments.

Lengthy…

Read More

U.S. Steps Up Iran Sanctions Amid Coronavirus, as Tehran Charges Cruelty

WASHINGTON—The Trump administration this week despatched a stark message to Iran in three new rounds of sanctions: The U.S. will not simplicity its financial stress campaign even as the coronavirus pandemic batters the nation.

The Trump administration, amid expanding phone calls to simplicity its sanctions campaign, reported it has no designs to loosen constraints. On Thursday, the Treasury Division sanctioned five corporations, incorporating to steps previously in the week by the State and Commerce Departments.

Read More