The U.S. Treasury Department announced on May 11 the imposition of sanctions on 12 individuals and entities accused of facilitating the illicit sale and transport of Iranian oil to the People’s Republic of China. This action, part of the broader ‘Economic Fury’ initiative, targets the logistical and financial networks supporting the Islamic Revolutionary Guard Corps…
The U.S. Department of the Treasury announced on Thursday that it has imposed sanctions on 10 individuals and companies based in Iran and abroad for their alleged roles in facilitating the procurement of materials for Iran’s weapons sector. This coordinated action, executed in Washington, D.C., aims to disrupt the financial and logistical networks that Tehran…
High-Stakes Confrontation in Washington UK Chancellor Rachel Reeves and US Treasury Secretary Scott Bessent engaged in a heated verbal exchange during the International Monetary Fund (IMF) spring meetings in Washington last month, according to sources familiar with the discussions. The dispute centered on the escalating conflict in the Middle East, with reports indicating that Reeves…
