Sanctions

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.

Breaking | Last Updated: May 11, 2026, 4:31 pm

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

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

The latest sanctions come as the Trump administration weighs Iran's latest proposal to end the war.

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

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

President Trump is doubling down on economic warfare against Iran, betting a naval blockade and sanctions can force a nuclear deal and end the war.

Latest News

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.

Argentina expels Iranian diplomat after listing IRGC as 'terrorist' organization

Argentina's president, Javier Milei, delivers a speech during a ceremony to commemorate the 44th anniversary of the war between Argentina and the United Kingdom over the Falkland Islands on April 2, 2026.

After US designation of Brotherhood, Sudan asks to add RSF to terror list

Displaced Sudanese who fled El-Fasher after the city fell to the Rapid Support Forces (RSF), walk in the Um Yanqur camp, located on the southwestern edge of Tawila, in war-torn Sudan's western Darfur region on November 3, 2025. (Photo by AFP) (Photo by -/AFP via Getty Images)

A member of the security forces stands guard during a rally marking the 47th anniversary of the 1979 Islamic Revolution in Tehran on Feb. 11, 2026.

New Zealand slaps 40 Iran officials with sanctions over protest crackdown

New Zealand is the latest country after Australia, the United States, Germany and others to sanction Iran over the crackdown.

Anna Moneymaker/Getty Images

Analysis

Israel fears Trump will clear path for partial Iran deal on nuclear standoff

Israel is concerned that a limited American strike on Iran, followed by negotiations, would lead to a partial nuclear deal that excludes the ballistic missile and proxy issues.

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

Canadian Prime Minister Mark Carney speaks during a press conference after a Cabinet meeting to discuss both trade negotiations with the US and the situation in the Middle East, at the National Press Theatre in Ottawa, Ontario, Canada on July 30, 2025. Canada "intends" to recognize a Palestinian state at the UN General Assembly in September, Prime Minister Mark Carney said Wednesday, a dramatic policy shift he said was necessary to preserve hopes of a two-state solution. (Photo by Dave CHAN / AFP) (Photo by

Canada becomes latest Western country to lift Syria sanctions: What to know

Like the US, Canada had strained relations with Syria during the civil war but is now showing signs of engagement.

US President Donald Trump shakes hands with Israeli Prime Minister Benjamin Netanyahu during a press conference at his Mar-a-Lago club on Dec. 29, 2025, in Palm Beach, Florida.

Analysis

Despite Israeli concerns, sources say Trump giving Iran talks up to 2 months

Leaving Israeli Prime Minister Netanyahu in the dark over his intentions, sources suggest that US President Trump decided on a deadline for the talks with Iran.

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

Ed Ram/Getty Images

Kuwait blacklists eight Lebanon hospitals over alleged Hezbollah ties: What to know

The affected hospitals, located in areas where Hezbollah has a heavy presence, are believed to be run by Hezbollah-affiliated institutions.

Hezbollah marchers

US sanctions Hezbollah-linked gold exchange, Iran-tied shipping network

The move comes as the United States pursues a deal with Iran that would curb its support for Hezbollah and other regional militias.

AFP via Getty Images

Analysis

Oman talks leave Israel unsure of Trump's endgame as missile threat persists

Israel and the United States are tightly coordinated on intelligence, but Prime Minister Benjamin Netanyahu is apparently in the dark on President Donald Trump's intentions in Iran.

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

A person holds up a placard which reads "IRGC Terrorist" as they take part in a rally in solidarity with protesters in Iran on Jan. 11, 2026, in London, England.

Analysis

Will EU’s terror listing of besieged Iran's IRGC backfire?

The EU designation could ultimately render the IRGC an even more aggressive and defiant organization aboard, and a more assertive rights violator at home.

A correspondent in Tehran

By A correspondent in Tehran

In Tehran, reporting on politics

SIMON WOHLFAHRT / AFP via Getty Images

European Union adds IRGC to terror list, expands sanctions

As the extent of the killing of protests is gradually revealed, the European Union has decided to designate Iran’s Islamic Revolutionary Guard Corps as a terrorist organization.

Egyptians hold a plaque of the Muslim Brotherhood emblem which was removed from the party's burnt headquarters in the Moqattam district of Cairo on July 1, 2013 after it was set ablaze by opposition demonstrators overnight. Egypt's opposition gave Islamist Mohamed Morsi a day to quit or face civil disobedience after deadly protests demanded the country's first democratically elected president step down after just a year in office. AFP PHOTO / KHALED DESOUKI (Photo credit should read KHALED DESOUKI/AFP via G

US designates Muslim Brotherhood chapters as terrorist organizations: What to know

The designations of the Brotherhood's branches in Lebanon, Egypt and Jordan follow President Donald Trump's executive order in November targeting the pan-Islamist movement.

This picture shows a battery of Israel's Iron Dome air defence system in the southern city of Ashdod on May 12, 2023, as Israel's army and Gaza militants traded heavy cross-border fire. Israel and Gaza militants traded heavy fire today as hopes faded of securing a truce to end days of fighting that have killed dozens, all but one of them Palestinian. (Photo by Jack Guez / AFP) (Photo by JACK GUEZ/AFP via Getty Images)

Israel holds drills, prepares missile defenses for possible Iran attack: What to know

Israel is on high alert over the possibility of an American strike on Iran, which could trigger Iranian retaliation against the Jewish state.

An Iranian woman walks past a mural depicting a scene from the Iranian national epic "Shahnameh" in the capital Tehran on January 6, 2026. Iran's economy has been hit hard by tough international sanctions, with the national currency, the rial, losing more than a third of its value against the US dollar over the past year and inflation in double digits. (Photo by ATTA KENARE / AFP via Getty Images)

Iran: What's fueling wave of protests and what comes next?

Protests that began over economic conditions have increasingly taken on a political tone reminiscent of earlier nationwide movements in Iran.