The United States has imposed sanctions on individuals and entities involved in multiple weapons procurement networks based in Iran, Turkey, and the United Arab Emirates supporting the Iranian regime's ballistic missile and advanced conventional weapons development.
The U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned more than 30 shadow fleet vessels and their owners or operators that have collectively transported hundreds of millions of dollars' worth of Iranian petroleum, petroleum products, and petrochemical products.
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Political News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.