Economy of Iran

The U.S. Treasury Department has announced that it is levying sanctions against four Iranian companies that it says were involved in sending drones to Russia last month for use in Moscow's war against Ukraine.

Tehran-based Safiran Airport Services, Paravar Pars Company, Design and Manufacturing of Aircraft Engines, and Baharestan Kish Company were all hit with the new sanctions.

Russia said on Sept. 5 that it blacklisted 25 U.S. citizens including Hollywood actors Ben Stiller and Sean Penn, in response to sanctions from the United States.

Western capitals, including Washington, have slapped Russia with a slew of unprecedented sanctions its over its offensive in pro-Western Ukraine.

Private sector's total outstanding loans received from abroad declined by $7.6 billion from end-2021 to $161.4 billion as of June, the Central Bank has said.

“It has been seized as part of EU sanctions”, a Greek shipping ministry official said

The United States imposed sanctions on Turkey’s defense industry following its purchase of the Russian S-400s

Before they were ousted by the 1979 Islamic revolution, Iran's royal family enjoyed a lavish lifestyle with a taste for fast cars quite unlike any ever built.

Now, after half a century hidden away, the royal racers are back on show, with the Iran Historical Car Museum drawing in thousands since it opened to the public in recent weeks.

The unilateral sanctions against Iran are wrong, Foreign Minister Mevlüt Çavuşoğlu said on Nov. 15, emphasizing that it is important for the stability of the region.

Iran agreed on Nov. 3 to resume talks on November 29 with world powers on reviving a nuclear deal after a five-month gap, with the United States urging a quick resolution.

The indirect negotiations in Vienna come amid mounting pressure on Iran, with Western nations warning that the clerical state's nuclear work is advancing to dangerous levels and Israel threatening to attack.

The threat of US sanctions hangs over those deemed to be destabilising the Western Balkans, in politics and beyond. Who does Washington have in mind?

Turkey's Halkbank on April 12 urged a U.S. appeals court to dismiss a case over alleged violations of sanctions on Iran.

Arguing before the U.S. Court of Appeals for the Second Circuit, Halkbank lawyer Simon Latcovich said US prosecutors have no jurisdiction over the bank, as it is immune under the U.S.' Foreign Sovereign Immunities Act.