Up to $15 million reward for information on Houthis' financial mechanisms

Economy 2025-03-17

Up to $15 million reward for information on Houthis' financial mechanisms

US State Department's Rewards for Justice program is offering cash for information that leads to the disruption of the Houthis' financial operations.

US disrupts China-based Iranian drone-part procurement network

Economy 2025-03-15

US disrupts China-based Iranian drone-part procurement network

The Iranian regime has been supplying drones and weapons to the Houthis, who have used them to carry out attacks in regional waters.

Houthis prey on Yemen's poor as they manipulate cooking gas supply

Economy 2025-02-05

Houthis prey on Yemen's poor as they manipulate cooking gas supply

As Yemenis remain mired in poverty, the Iran-backed group has been controlling their access to domestic gas to ensure it receives the profits.

Sanctions on ‘shadow fleet’ aim to curb Iranian regime's malign activities

Economy 2025-02-03

Sanctions on ‘shadow fleet’ aim to curb Iranian regime's malign activities

Ghost fleet tankers delivering sanctioned Iranian oil help the regime fund its regional proxies and spread mayhem through the Middle East.

Leaked emails shed light on IRGC's oil sanctions evasion methodology

Economy 2025-01-24

Leaked emails shed light on IRGC's oil sanctions evasion methodology

Using 'dark fleet' tankers and other deceptive practices, the IRGC has been overseeing the sale of billions of barrels of sanctioned oil.

Iraq opens new Gulf port docks in push for economic diversification

Economy 2024-12-13

Iraq opens new Gulf port docks in push for economic diversification

The expansion of Grand al-Faw Port will facilitate oil and gas exports and help to reduce Iraq's dependency on regional neighbors.

New sanctions on 'shadow fleet' target illicit exports of Iranian oil

Economy 2024-12-11

New sanctions on 'shadow fleet' target illicit exports of Iranian oil

The Iranian regime has been using a 'shadow fleet' of tankers to sell oil to foreign markets to fund its regional interference, circumventing sanctions.

Lebanese economy better off without Hizbullah's financial arm, economists say

Economy 2024-11-18

Lebanese economy better off without Hizbullah's financial arm, economists say

Al-Qard al-Hassan has profited from Lebanon's economic crisis while drawing scrutiny from international money laundering regulators.

US sanctions Syrian conglomerate funding IRGC Quds Force, Houthis

Economy 2024-11-18

US sanctions Syrian conglomerate funding IRGC Quds Force, Houthis

Companies, individuals and vessels associated with Al-Qatirji Company have raised funds through the sale of Iranian oil to Syria and China.

Saudi-Egypt investment accords send 'smartly timed' message of regional stability

Economy 2024-10-30

Saudi-Egypt investment accords send 'smartly timed' message of regional stability

The agreement, signaling a desire for regional peace and prosperity, stands in contrast with the violence fueled by the Iranian regime.