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Iran's economy is a total mess after decades of sanctions — and offers a warning to Putin's Russia

Decades of Western sanctions have driven up inflation, government debt, and poverty rates in Iran. …

George Glover   


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How China has helped Russia and Iran evade Western sanctions, according to a think tank

Beijing's oil market facilitates restricted trade for Russia and Iran, using "dark fleet" tankers t…

Yuheng Zhan   


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Former Iranian official partly blames US sanctions for the helicopter crash that killed its president

Iranian President Ebrahim Raisi died in a helicopter crash in northwest Iran on Sunday. He was trav…

Mikhaila Friel   


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Stock market dips sharply even as UN Security Council reaches de-escalation consensus on Israel-Iran tensions

The Indian stock market kicked off trading on Monday with a sharp downward trend, echoing global an…

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No signs of life have been found in the wreckage of a helicopter that crashed while carrying Iran's president

Iranian President Ebrahim Raisi's helicopter went down near the border with Azerbaijan. He was flyi…

Cameron Manley   


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Iran's attack on Israel could be bad for Russia's war in Ukraine

Iran is a key arms supplier and economic partner to Russia.

Huileng Tan   


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Iran's stealth drones have become the new blueprint for international warfare

Iran has emerged as an expert in low-tech drone warfare thanks to decades of Western sanctions that…

Erin Snodgrass   


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These 13 House Democrats voted against a resolution to condemn Iran's attack on Israel

Rep. Alexandria Ocasio-Cortez said Republicans were teeing up bills "designed purposefully to incre…

Bryan Metzger   


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Sanctions are squeezing Russia, turning up its dependence on China and 'rogue' states, think tank says

Sanctions are working as Moscow is relying on North Korea, Iran, and China to stay afloat, think ta…

Filip De Mott   


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Russian media cited fake rumors of a Mossad agent named 'Eli Copter' being involved in the helicopter crash that killed Iran's President Ebrahim Raisi

The "Eli Copter" meme originated as an online meme lampooning claims that Mossad was involved in Ra…

Matthew Loh   


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Russia's grand railway plan to get around Western sanctions is about to get even bigger

Russia is investing in rail transportation to bypass Western sanctions, connecting with China, Indi…

Huileng Tan   


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Iran-backed Houthis attacked a Chinese ship with missiles after promising to leave them alone

The Houthis fired missiles at the M/V Huang Pu as it was transiting the Red Sea just days after a r…

Jake Epstein   


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Iran is selling a drone called 'Gaza' that it says can carry 13 bombs and travel 1,200 miles

Iran is selling a new drone on the international market called "Gaza."

Kenneth Niemeyer   


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Putin gave Kim Jong Un a luxury Russian car, deepening their war bromance and ignoring sanctions to do it

Putin gifted North Korea's leader Kim Jong Un an Aurus Senat limousine from his personal collection…

Mikhaila Friel   


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US imposes sanctions on Indian company over alleged Iran oil deal

On Thursday, the Department said that the company "purchased millions of dollars worth" petroche…

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Russia's biggest airline reportedly sends first plane to Iran for repairs as sanctions cut off access to new replacement parts

Russia's Aeroflot sent one of its planes for maintenance by technicians at Iran's biggest carrier, …

Britney Nguyen   


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The US is likely to turn a blind eye to sanctioned Iranian oil as it tries to lower gas prices, leading trader Vitol says

The Biden administration is scrambling to bring down sky-high gas prices by encouraging countries t…

Harry Robertson   


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Iran's revenue from oil and gas exports has jumped 60% as Russia's war sends energy prices soaring

Despite the tough sanctions on the country, Iran said it generated $2.45 billion from oil product e…

Harry Robertson   


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Russia is reaping bumper revenue from oil and gas sales but Iran and Venezuela should serve as cautionary tales for Moscow's energy industry

Iranian and Venezuelan oil production went into freefall and their energy industries slid into decl…

Huileng Tan   


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Sanctions against Russia could hurt the US dollar as countries like Iran and China seek alternative currencies for trade: Treasury Secretary Janet Yellen

The dollar dominated global trade in January, and made up about 85% of trade finance, according to …

Huileng Tan