Iran's use of 2 UK banks to evade sanctions tests West's financial systems - Al-Monitor: The Middle Eastʼs leading independent news source since 2012

Analysis

Jack Dutton

Feb 10, 2024

A pedestrian walks past a branch of a Lloyds Bank in London on Feb. 24, 2021. — A pedestrian walks past a branch of a Lloyds Bank in London on Feb. 24, 2021. — TOLGA AKMEN/AFP via Getty Images

Will Iran merge banks owned by military institutions?

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics

Palestinian Hamas supporters raise flags as they rally in support of the occupied West Bank and the Nablus-based Lion's Den armed group (Areen Al-Asood), following the Friday noon prayers in Gaza City, on Nov. 25, 2022.

After Israel attack, US follows Hamas trail of money

Elizabeth Hagedorn

Elizabeth Hagedorn

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

Chelsea's Russian owner Roman Abramovich applauds, as players celebrate their league title win at the end of the Premier League soccer match between Chelsea and Sunderland, Stamford Bridge, London, United Kingdom, May 21, 2017.

US, UK target Israeli-Russian oligarch Abramovich enablers with more sanctions

Rina Bassist

In Paris, reporting on Israeli politics and European affairs

An Iranian woman pays a 20000 rial banknote (around 70 US Cent), bearing a portrait of Iran's late founder of islamic Republic Ayatollah Ruhollah Khomeini, to a grocer in Tehran on September 30, 2012. Iran's currency, the rial has lost over 60 percent of its value since the end of last year, as draconian Western economic sanctions take effect that has spurred already high inflation to even greater heights, with food costs soaring more than 50 percent. AFP PHOTO/ATTA KENARE (Photo credit should read A

What's behind Iran's massive capital flight?

Bijan Khajehpour

Bijan Khajehpour

In Vienna, reporting on Iranian politics