When Milavous Group Ltd. rented an upper floor in a swanky Dubai corporate tower two years ago, few had heard of the firm. Yet within months it won outsized influence in global energy markets — said to ...
Bloomberg News published an exclusive report on Friday, August 30, investigating how Iran’s smuggled oil is sold and the role of Hossein Shamkhani, the son of Ali Shamkhani, advisor to the Iranian regime’s
Hossein Shamkhani, the son of Iran's former national security chief, has emerged as a major player in the global oil market, a Bloomberg report says. Despite stringent US sanctions targeting Iranian and Russian
For decades, Iran’s economic performance has been far from satisfactory. While headline figures like average economic growth rate might have looked acceptable between 1989 and 2017, a closer look reveals a troubling
The state-run Donya-e-eqtesad newspaper, in a report analyzing the “general sentiment” regarding inflation in 2023, has stated that households experienced much higher inflation in areas such as clothing, housing
The serious corruption allegations against Ayatollah Kazem Sedighi, the ultra-hardliner Friday imam of Tehran, have further eroded trust in the Iranian system and its officials among the populace. Earlier this
Iran evaded sanctions and was able to covertly move money around the world using accounts at two of the UK’s biggest banks, Lloyds Banking Group Plc and Santander UK, the Financial Times reported . The lenders
The United States announced new sanctions and charges Friday aimed at the Iranian Revolutionary Guard, as Washington retaliated for a strike killing three Americans in Jordan that was blamed on Iran-backed militias
In a shocking revelation, documents obtained by the Financial Times (FT) have exposed how Iran illicitly utilised Lloyds and Santander UK to move money worldwide, forming a vast sanctions-evasion scheme supported
The United States on Friday imposed sanctions targeting Iran’s ballistic missile and drone procurement programs as well as officials it said were involved in hacking US infrastructure, as Washington looks to
An IRGC-affiliated news agency has dismissed allegations suggesting that the classic Bugatti car once owned by Iran's former Shah has been sold to address budget shortfalls. Fars News Agency stated that in 1959
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