Sanctions

Women shop from a street vendor at Enghelab Square in the capital Tehran on Nov. 11, 2025.

Analysis

From hoarding to unemployment: Iran's economy buckles under US pressure

Iran's fast-rising inflation is driving aggressive state market controls, exposing deeper structural strains from war, sanctions and declining consumer confidence.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

Syrian President Ahmed al-Sharaa arrives to attend the second day of the first Syrian-Emirati (United Arab Emirates) Investment Forum, at the People's Palace in Damascus on May 12, 2026. (Photo by LOUAI BESHARA / AFP via Getty Images)

Analysis

Ports and infrastructure: UAE embraces new economic order in Syria

UAE-Syrian ties have moved faster than expected, with Abu Dhabi embracing President Ahmad al-Sharaa and relations shifting from normalization to investment opportunities.

Samuel Wendel

By Samuel Wendel

In Washington, DC, reporting on regional business and tech

A picture taken on March 12, 2017, shows an Panamanian tanker docking at the platform of the oil facility in the Khark Island, on the shore of the Gulf.

US hits China-linked Iran oil trade with sanctions ahead of Trump trip

The sanctions come after the United States rejected Iran's latest proposal to end the war.

Foreign Minister Abbas Araghchi of Iran meeting with Foreign Minister Wang Yi of China in Beijing on May 6, 2026. Credit: Telegram

Analysis

China shores up Iran support as Trump seeks exit

China understands how badly Trump wants an exit from the conflict. But timing is critical: if no agreement is reached before Trump arrives in China on Thursday, Beijing would be better positioned to set the agenda.

Joyce Karam

Latest News

US sanctions Iran’s shadow banking channels moving oil proceeds from China

US Treasury Secretary Scott Bessent testifies during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC.

US blockade tests Iran's limits, but will global pain force Trump’s hand?

QESHM ISLAND, IRAN - APRIL 28: Boats navigate the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Iran's latest proposal for ending its blockade of the Strait of Hormuz calls on the United States to end its naval blockade of Iran's ports, and sets aside questions about what to do with Iran's nuclear program. The United States has not formally responded to the latest proposal, which was delivered by Iran's foreign minister to Pakistan two days ago. (Photo by Asghar Besharati/Getty Images

Israel rejects Ukraine's claim that Russian shadow fleet vessel docked in Haifa

DENIS LOVROVIC/AFP via Getty Images

Two Iranians face US court in sanctions, arms trafficking cases: What to know

Commuters make their way past a giant billboard of slain Iranian supreme leader Ayatollah Ali Khamenei at Valiasr Square in Tehran on April 19, 2026.

A man carrying a stash of Syrian pounds, leaves the central bank in Damascus on May 21, 2025.

US grants Syria initial sanctions relief

The Treasury Department said the move is meant to facilitate activity across all sectors of Syria's economy and encourage new investment.

People celebrate in Damascus' Omeyyad Square after US President Donald Trump's decision to lift sanctions in Syria, on May 13, 2025.

Exclusive

US set to unveil sweeping Syria sanctions relief

The Trump administration is preparing to issue a general license for Syria and a Caesar Act waiver.

Elizabeth Hagedorn

By Elizabeth Hagedorn

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

The US flag is seen hung upside down at the former US Embassy in downtown Tehran on April 19, 2025, in Tehran, Iran.

US, Iran to resume talks as enrichment standoff threatens deal

Ahead of their fifth round of talks, the United States and Iran remain at an impasse over uranium enrichment.

US Secretary of State Marco Rubio

Rubio warns Syria’s government could collapse in weeks, triggering civil war

The top US diplomat made the case for sanctions relief and renewed engagement with the transitional government in Damascus to prevent "full-scale civil war."

Turkish presidential spokesperson Ibrahim Kalin gives a press conference following talks with Sweden and Finland over their bids to join NATO at the Presidential Complex in Ankara, on May 25, 2022.

Turkey’s intel chief Kalin makes surprise visit to Syria, meets Sharaa

Kalin's visit comes as a Turkish delegation arrives in Washington to discuss sanctions relief on Syria with the Trump administration.

US Deputy Assistant Secretary for Levant Affairs and Special Envoy for Syria Joel Rayburn delivers a statment ahead of a meeting of the Syria constitution-writing committee on October 29, 2019 at the United Nations Offices in Geneva. (Photo by FABRICE COFFRINI / AFP) (Photo by FABRICE COFFRINI/AFP via Getty Images)

Joel Rayburn commits to helping lift Syria sanctions, boxing in Iranian influence

In a hearing with Senate lawmakers, the White House’s pick to become the State Department’s top diplomat on the Middle East argued for capitalizing on Iran’s losses in Syria and Lebanon while stressing that the Islamic Republic should not have the ability to enrich uranium domestically.

People queue outside the main headquarters of the Central Bank of Syria to exchange US dollars at prices lower than the black market, in Damascus on December 30, 2024. (Photo by ANWAR AMRO / AFP) (Photo by ANWAR AMRO/AFP via Getty Images)

Interview

Syria’s central bank chief: US sanctions relief a ‘turning point’

Abdulkader Husrieh discusses how sanctions relief could impact Syria’s reintegration into the global financial system.

Abdulkader Husrieh

Abdulkader Husrieh

Syrian central bank governor

ABU DHABI, UNITED ARAB EMIRATES - MAY 15: U.S. President Donald J. Trump is greeted by UAE President Sheikh Mohamed bin Zayed Al Nahyan upon his arrival on May 15, 2025 in Abu Dhabi, United Arab Emirates. Trump is on the third day of his visit to the Gulf to underscore the strategic partnership between the United States and regional allies including the UAE, focusing on security and economic collaboration. (Photo by Win McNamee/Getty Images)

Analysis

As Trump lands in UAE, tech and trade to dominate agenda, not defense

The Emirati official said that the US' easing of sanctions on Syria is “the right thing to do,” but expressed concerns about stability and safety of minorities in the country.

Adam Lucente

By Adam Lucente

In New York City, reporting on regional news, militancy, climate change

Turkey's President Recep Tayyip Erdogan looks adjusts his earpiece during bilateral talks with the US President the NATO Summit in Vilnius on July 11, 2023.

Erdogan thanks Trump for ‘historic’ Syria decision during Sharaa meeting

The Turkish president also said his country was ready to support Damascus in the fight against the Islamic State and in maintaining the security of ISIS camps.

audi Crown Prince Mohammed bin Salman (L), US President Donald Trump (C) and Syrian President Ahmed al-Sharaa (R) pose for a photo in Riyadh on May 14, 2025.

Trump to Syria's Sharaa: Recognize Israel, expel foreign fighters

During their 30-minute meeting in Riyadh, the two leaders also discussed combating the Islamic State and future American investment in Syrian oil and gas.

People celebrate in Damascus' Omeyyad square after US President Donald Trump's decision to lift sanctions in Syria, on May 13, 2025. (Photo by Abdulaziz KETAZ / AFP) (Photo by ABDULAZIZ KETAZ/AFP via Getty Images)

Analysis

Trump wants to lift all US sanctions on Syria: Can he?

Removing some sanctions on Syria could require congressional action, and one expert warned that rescinding all the measures could decrease the US’ leverage with the new government in Damascus.

Adam Lucente

By Rosaleen Carroll , Adam Lucente

President Donald Trump meets with Saudi Crown Prince Mohammed bin Salman during a “coffee ceremony” at the Saudi Royal Court on May 13, 2025, in Riyadh, Saudi Arabia.

Trump to lift Syria sanctions, meet with Sharaa in Saudi Arabia

President Donald Trump said his administration would take steps to normalize relations with Syria’s fledgling government.