Economy of Iran

US confiscates Iran oil cargo on Greek-managed tanker amid Tehran tensions

The US confiscated Iranian oil on a tanker at sea in recent days in a sanctions enforcement operation, three sources said, and days later Iran seized another oil-laden tanker in retaliation, according to a maritime security firm.

The vessel is managed by Greece-based Empire Navigation.

Supreme Court: Iran sanctions-evasion case against Halkbank to proceed

Expert Jonathan Schanzer, the Foundation for Defense of Democracies' Senior Vice President for Research, joins Thanos Davelis to look into the Supreme Court decision this week that the Turkish state-owned Halkbank remains subject to criminal prosecution in US courts for conspiring to evade US sanctions against Iran.

Top US Treasury official to warn UAE, Turkey over sanctions evasion

The US Treasury Department's top sanctions official on a trip to Turkey and the Middle East next week will warn countries and businesses that they could lose US market access if they do business with entities subject to US curbs as Washington cracks down on Russian attempts to evade sanctions imposed over its war in Ukraine.