Iran Deal

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US sanctions law firm based in Panama, Greece over Iran shipping ties

The Treasury Department accused Karnakis and Karnakis of registering shipping companies linked to Iran's so-called shadow fleet.

The Chinese-flagged container shipping vessel Hui Fa transits the Gulf of Oman off the coast of Khor Fakkan in the emirate of Sharjah east of the UAE, on Oct. 13, 2026.

Gulf oil exports surpass prewar levels despite escalating tanker attacks

According to data from Kpler, oil shipments through the Strait of Hormuz and alternative routes across the Middle East averaged more than 24 million barrels a day last week, surpassing prewar levels of 23.3 million.

In Bristol, reporting on regional business, climate change, AI, tech

Russia's Foreign Minister Sergey Lavrov (L) and Iran's Foreign Minister Abbas Araghchi arrive to hold a press conference after a meeting in Tehran on October 19, 2026. The Russian foreign minister arrived in Iran on October 19, in his first visit since the outbreak of the Middle East war as Moscow seeks to play a mediating role. (Photo by ATTA KENARE / AFP via Getty Images)

Analysis

How Lavrov's Tehran visit tests limits of Russia's influence over Iran

As Tehran looks for an off-ramp from renewed conflict, Moscow is positioning itself as a diplomatic partner while pushing Iran to deliver on long-delayed economic deals.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Ships are anchored off the coast of Khasab in Oman's Musandam Governorate, near the Strait of Hormuz, on Oct. 2, 2026.

IRGC claims it downed US drone, set two tankers ablaze near Hormuz

Iran has stepped up attacks on commercial shipping in the Strait of Hormuz in recent weeks.

Latest News

Lavrov visits Tehran as Trump praises Russia's role on Iran: What to know

Russian Foreign Minister Sergey Lavrov (L) shakes hands with Iranian Foreign Minister Abbas Araghchi upon his arrival in Tehran on Oct. 19, 2026.

Explainer

IMF projects Gulf rebound in 2027. Can energy production keep pace?

TOPSHOT - Smoke rises from the direction of an energy installation in the Gulf emirate of Fujairah on March 14, 2026. Smoke could be seen rising from the direction of a major UAE energy installation on March 14, in what appeared to be the latest strike targeting the Gulf's petroleum facilities hours after the US struck Iran's Kharg Island. (Photo by AFP via Getty Images) /

Analysis

Deal or war? Israel fears fallout from Trump’s next move on Iran

GRAND ISLAND, NEBRASKA - OCTOBER 05: U.S. President Donald Trump wraps up an appearance at a campaign rally at Pinnacle Bank Expo Center on the Nebraska State Fairgrounds on October 05, 2026 in Grand Island, Nebraska. Trump is campaigning for incumbent U.S. Sen. Pete Ricketts (R-NE) and Gov. Jim Pillen ahead of the November midterm elections. (Photo by Win McNamee/Getty Images)

In Tel Aviv, reporting on national security, Israeli politics, defense

Riyadh’s skies remain unsettled after deadly Houthi strikes

Cars drive past the gates of King Khalid International Airport in Riyadh on Sept. 19, 2026.

Hector RETAMAL / AFP via Getty Images

Iran flights continue, UAE route closes on day 2 of US sanctions

All flights by Iranian carriers to the UAE have been canceled, according to Iran's ISNA news agency.

Alexi J. Rosenfeld/Getty Images

Rubio: US-Iran talks 'positive,' no breakthrough yet

The top US diplomat said it was "significant" the two warring sides spoke at all.

ATTA KENARE / AFP via Getty Images

Explainer

US moves to ground Iran’s airlines: Who is complying and who isn’t?

Istanbul remained the most popular destination from Tehran Imam Khomeini International Airport on Wednesday with 24 flights scheduled, according to Flightradar24.

YASIN AKGUL/AFP via Getty Images

Explainer

Turkish carriers halt Iran flights as US sanctions bite: Who could follow?

On Monday, three major Turkish carriers canceled flights to and from Iran ahead of new US sanctions on Iran’s aviation sector.

Yemenis gather during a rally to show their support for the UAE-backed Southern Transitional Council (STC) in the coastal port city of Aden, on December 14, 2025. (Saleh Al-OBEIDI / AFP via Getty Images)

Interview

Yemen separatists urge US not to let Saudi Arabia ‘call the shots’

As Houthi fighters steamroll Yemen’s Red Sea coast, the country's southern separatists say an independent South Yemen is the best check on the group’s expansion.

A pedestrian passes by the Treasury Building in Washington, DC on Jan. 18, 2023.

US sanctions Iranian crypto exchange BitBank over Hormuz payments

The US government says the exchange was used to channel payments from an Iranian maritime-insurance scheme to the regime.

Visitors crowd the Amazon Web Services exhibition stand at the 2026 Hannover Messe industrial trade fair on April 20, 2026, in Hanover, Germany.

What does Amazon war damage mean for Gulf cloud expansion?

Amazon’s cloud computing unit said the damage was sustained to its facilities in Bahrain and the United Arab Emirates, casting doubt over multibillion-dollar investments in the region.

Pedestrians walk past a wall mural along a street in downtown of Tehran on Aug. 31, 2026.

Analysis

Could Iran’s nuclear ambitions harden as war escalates?

A new report has raised alarm about the Pickaxe Mountain nuclear site that President Donald Trump has repeatedly threatened to strike.

Elizabeth Hagedorn

By Elizabeth Hagedorn

In Washington, DC, reporting on diplomacy, regional politics, human rights

FAYEZ NURELDINE/AFP via Getty Images

Saudi Arabia’s oil production slumps to lowest in 36 years as war bites

The kingdom reported to OPEC that crude output fell by 1.9 million to 6.238 million barrels per day in August.

The former chief of Iran's Islamic Revolutionary Guard Corps, Mohsen Rezaei, takes part in a demonstration against American "crimes" following the killing of IRGC Maj. Gen. Qasem Soleimani in a US strike on his convoy at Baghdad international airport, Tehran, Iran, Jan. 3, 2020.

Iran to announce new Gulf restricted zone, Hormuz route: What we know

Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said the restricted zone would begin at the point where the US blockade of Iranian ports starts and extend into the Gulf.

Atta KENARE / AFP via Getty Images

Oil surges over 4% after US strikes Iranian mainland

The strikes were Washington’s first on mainland Iran in just over a month and followed Iranian attacks on ships in the Strait of Hormuz.

US Secretary of Treasury Scott Bessent

Bessent defends sanctions push as US, Iran trade strikes

The top Treasury official spoke a week after launching a new economic squeeze on Iran.