Headlines

Iran weathers US firestorm, raising prospect of a long war

US President Donald Trump targeted Iran, expecting a short, decisive military operation reminiscent of the US recent raids on Venezuela. Yet seven days into “Operation Epic Fury,” the conflict’s intensity, geographic spread, human costs and economic repercussions reveal a stark

Iran drives $104B surge in sanctions-busting crypto flows

Sanctions evasion has traditionally been viewed as a game of financial shell companies and hidden bank accounts. While those opaque traditional structures remain the bedrock of illicit finance, the mechanism has expanded to the blockchain at scale. Nation-states have upgraded