The shipment represents a deepening of ties between two pariah states that are both under U.S. sanctions.
Tag: Embargoes and Sanctions
By Air and Sea, Mercenaries Landed in Libya. But the Plan Went South.
A short-lived mission uncovered by U.N. investigators offers a glimpse into the world of those who have thrived off Libya’s chaos.
China’s Security Law Shakes Hong Kong’s Business World
The territory’s stock market plunged amid expectations that money would soon be leaving the Asian financial hub, which faces tough new measures from Beijing and retaliation from the United States.
Iran Quietly Lowers the Temperature With U.S.
Despite the heated rhetoric on both sides, Iran has toned down its approach to the West on several fronts, and the U.S. has reciprocated.
From Nearly Free to Out-of-Reach: Gasoline’s Crazy Price Swing in Venezuela
Motorists queue for days to buy subsidized gasoline for next to nothing, but it is increasingly scarce — a reflection of the economic absurdities in the country.
With Inflation Ravaging Currency, Iran Is Changing Names and Numbers
The rial unit of currency, which has lost much of its value against the dollar, will be replaced by the toman, which the government says will be worth 10,000 rials.
To Pressure Iran, Pompeo Turns to the Deal Trump Renounced
The secretary of state is preparing an argument that the U.S. remains a participant in the Obama-era nuclear deal, with the goal of extending an arms embargo or destroying the accord.
Cheap Oil Poses New Quandary for Iran as It Relaxes Virus Lockdown
The country has been hit with a triple-whammy: raging coronavirus, American sanctions and, now, oil so cheap that it’s barely profitable.
Tehran Launches Military Satellite as Trump Tells Navy to ‘Shoot Down’ Iranian Boats
The president’s statement came a week after the Pentagon accused Iran of sending 11 fast boats to conduct “dangerous and harassing approaches” to six American warships in the Persian Gulf.
Venezuela’s Maduro, Used to Crises, Faces His Toughest One Yet
A pandemic and a seismic shift in global oil markets have shaken the country, posing a severe new test for the president just as he seemed to be tightening his hold on power.