Why the world failed to bypass the Strait of Hormuz
In 2019, while working on the energy desk at Reuters, I began reporting on a question that has shadowed global oil markets for decades: what would happen if the Strait of Hormuz were closed?
Source: Iran International ▾
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Costa Rica designates IRGC, 3 Iran-backed groups as terror organizations
Costa Rica designated Iran’s Islamic Revolutionary Guards as a terrorist organization, the foreign ministry said on Thursday, in a move that also blacklisted three other Iran-backed groups in the region.
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UAE crackdown could hit Iran’s wider shadow network, experts say
The UAE’s recent arrest of IRGC-linked money changers could expand into a broader crackdown on Iran’s shadow financial network, experts said on this week's episode of Eye for Iran podcast.
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Goldman Paris under police watch after bomb threat linked to Iran group
The Paris offices of Goldman Sachs were placed under police surveillance after a bomb threat believed to be linked to an Iranian group, Le Parisien reported.
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War tests Iran’s Dubai trade lifeline
The war pitting the United States and Israel against Iran is being fought across airspace and shipping lanes, but one of its most consequential economic effects may be unfolding elsewhere: the fragile commercial relationship between Tehran and the United Arab Emirates.
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War and inflation batter Iran’s workforce
Iran’s economy is entering the new fiscal year under the weight of a profound wartime shock, with inflation reaching levels not seen in decades and essential goods becoming increasingly unaffordable for much of the population.
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Dubai crackdown hits Iran’s economic lifeline, squeezes IRGC networks
The arrest of dozens of IRGC-linked money changers in the United Arab Emirates is one of the most serious blows yet to Tehran’s sanctions-evasion network, laying bare how heavily the Islamic Republic has depended on Dubai as an economic lifeline.
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Argentina designates Iran’s Revolutionary Guards as a terrorist organization
Argentina has designated Iran’s Islamic Revolutionary Guard Corps a terrorist organization, broadening a years-long effort by Buenos Aires to hold Tehran and its proxies responsible for the deadliest attacks in the country’s history.
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Iran’s inflation surges further as consumer prices hit new highs
Iran’s official data show inflation accelerating again amid a war with the United States and Israel, with prices more than fivefold higher than in 2021 and food costs rising even faster, hitting poorer and rural households hardest despite signs of monthly easing.
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Iranian expats say UAE canceled their residency visas, leaving many stranded
The United Arab Emirates has in recent days canceled the residency visas of Iranians outside the country, leaving some stranded abroad, according to accounts and information received by Iran International from affected individuals.
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US waiver on Iran sanctions redirects oil flows from China toward India
Washington’s sanctions waiver, introduced during the Iran war to ease oil supply pressure, is channeling discounted crude away from China and toward India, strengthening energy ties with New Delhi.
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Iran still depends on Hormuz despite years of workarounds
Iran’s plans to reduce its reliance on the Strait of Hormuz appear to have delivered little practical change so far, according to tanker-tracking data from Kpler obtained by Iran International.
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Iran’s reported gas halt to Turkey exposes limits of its energy power
Brief concern in Turkey this week over a halt in Iranian gas flows quickly gave way to official reassurances, but the episode exposes deeper limits in Iran’s ability to sustain exports even to key regional partners.
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Iran blocks accounts of Starlink users as crackdown continues
Iranian police said on Thursday they had blocked 61 bank accounts belonging to users of Starlink satellite internet in the central city of Yazd, as part of a broader crackdown on unauthorized connectivity.
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Sweden suspends visas for Iranian diplomats, warns of more action
Sweden has stopped issuing and renewing short-term visas for some Iranian embassy staff in Stockholm following the execution of a dual national, in a move its foreign minister said was “just the beginning” of further action.
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US pays $129 million to victims of Iran-linked terrorism in New York case
The United States has paid $129 million to victims of Iran-linked terrorism as part of a broader $318 million settlement tied to a long-running case over a Manhattan office tower, prosecutors in New York said on Monday.
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Russia, China push back against Hormuz restrictions
Russia and China expressed concern on Monday over restrictions in the Strait of Hormuz and warned that further escalation could widen the conflict and disrupt global energy supplies.
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Two men charged with spying for Iran targeting London Jewish community
Two men have been charged with spying for Iran after allegedly carrying out surveillance of sites linked to London’s Jewish community, British police said on Wednesday.
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Iran’s internet chokes under wartime clampdown
Iran has imposed new restrictions on internet access, further limiting VPN connections and reportedly targeting Starlink users, leaving even fewer people able to access global networks.
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Iran shields its oil exports as Hormuz flows falter
While Iran has effectively choked off oil exports by its Arab neighbors through the Strait of Hormuz, it has continued shipping its own crude largely uninterrupted.
