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U.S. Department of Justice headquarters. Credit: Wikimedia Commons.

Iranian financial-services executive pleads guilty to breaching US sanctions

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An Iranian financial-services executive has pleaded guilty to conspiracy to violate U.S. sanctions on Iran, announced the U.S. Department of Justice on Tuesday. Seyed Sajjad Shahidian, founder and CEO PAYMENT24, entered the plea on Tuesday...
European Union flags in front of the European Commission building in Brussels. Credit: Amio Cajander via Wikimedia Commons.

EU rejects US attempt to restore UN sanctions on Iran

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European Union Foreign Affairs Minister Josep Borrell said on Tuesday that the United States cannot initiate snapback sanctions at the United Nations against Iran, including extending the world body’s arms embargo on the regime,...
Iranian President Hassan Rouhani casting his vote in the 2016 elections. Credit: Wikimedia Commons.

Ignoring US warning, first Iranian fuel tanker arrives in Venezuelan waters

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Despite U.S. warnings, the first of five Iranian tankers loaded with fuel arrived in Venezuelan waters on Saturday. “The ships from the fraternal Islamic Republic of Iran are now in our exclusive economic zone,” tweeted...
U.S. Special Representative for Iran Brian Hook at the announcement of the creation of the Iran Action Group in the Press Briefing Room at the Department of State, Aug. 16, 2018. Credit: U.S. Department of State/Flickr.

US envoy blasts Iranian oil shipments to Venezuela, breaking sanctions

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U.S. Special Representative for Iran Brian Hook slammed Iran on Thursday for shipping oil to Venezuela. “We think that this is another regrettable example of the Iranian regime stealing the wealth of the Iranian people to...
Iranian flag. Credit: Wikimedia Commons.

US sanctions Iran minister, senior law-enforcement officials, IRGC commander

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The United States on Wednesday sanctioned Iranian Interior Minister Abdolreza Rahmani Fazli, seven senior officials of the country’s Law Enforcement Forces (LEF) and a provincial commander of the Islamic Republic’s Islamic Revolutionary Guard Corps...
Iranian Foreign Minister Mohammad Javad Zarif. Credit: Wikimedia Commons.

Iran calls US sanction threat ‘foolish’ and ‘nothing new’

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Iranian Foreign Minister Mohammad Zarif dismissed U.S. threats to reimpose all U.N. sanctions if the U.N. Security Council does not extend an arms embargo on the country. “Making foolish claims by U.S. officials is nothing...
Israeli Ambassador to the United Nations Danny Danon at a briefing on Iranian aggression on May 6, 2020. Source: Screenshot.

Danon calls on international leaders to ‘speak out’ against Iranian aggression

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Israeli Ambassador to the United Nations Danny Danon was steadfast on Wednesday about the Jewish state’s support for renewing the U.N. arms embargo on Iran. “Our position is very clear: We support the call of...
An exchange of Iran's currency the rial. This week Iranian lawmakers approved a measure to switch from the rial to the toman, in a bid to curb inflation. Source: Adam Jones via Flickr.

Hit by coronavirus, drop in oil prices and US sanctions, Iran’s economy heads for...

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With the coronavirus pandemic sending oil prices to record low figures, for Iran, which relies on oil exports as its top revenue source, the economic situation appears bleak. Reflecting the precarious economic situation, Iran’s parliament...
Iranian President Hassan Rouhani casting his vote in the 2016 elections. Credit: Wikimedia Commons.

Iran’s president warns US of ‘crushing response’ if arms embargo is extended

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Iranian President Hassan Rouhani threatened the United States in a speech on Wednesday if it decides to extend a U.N. arms embargo that is set to expire in October. Rouhani also criticized America for withdrawing from the...
A view inside the Iranian Parliament. Credit: Mahdi Sigari via Wikimedia Commons.

Tehran approves currency change from rial to toman as economy struggles

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Iran’s parliament passed legislation to cut four zeros from the rial after a steep drop in the value of the currency, Iranian state media reported on Monday. The bill paves the way for Iran to...