United States Department of the Treasury

April 16, 2026 | Elaine K. Dezenski |

Crude new world: Oil markets will never be the same – regardless of how the war in Iran ends

Preventing Iran from obtaining a nuclear weapon is a worthy goal in and of itself. But President Trump’s campaign against the Iranian regime carries far broader implications — many of them...

April 15, 2026 | RADM (Ret.) Mark Montgomery, Jack Burnham

The Risks of Chinese-Produced Cellular Modules

April 15, 2026 | Craig Singleton, Jack Burnham

China Criticizes Iran War as Beijing Supports Tehran Under the Table

China is trying to have it both ways in the U.S.-Iran conflict. On April 14, Chinese leader Xi Jinping criticized Washington’s blockade of Iranian ports and called for a diplomatic resolution during...

April 15, 2026 | Ahmad Sharawi, Behnam Ben Taleblu

The Persian Gulf is the First Test for ‘Operation Economic Fury’

With a ceasefire in place and a military blockade in the Strait of Hormuz, the Trump administration is now pivoting to economic warfare against the Islamic Republic of Iran. On April 14, the Treasury...

April 15, 2026 | Miad Maleki |

For Iran, Hormuz Is More a Weakness Than a Weapon

How a U.S. Blockade Threatens the Regime’s Grip

April 15, 2026 | Jack Burnham |

Request for Comments on the Section 301 Investigations of Acts, Policies, and Practices of Certain Economies Relating to Structural Excess Capacity and Production in Manufacturing Sectors

April 13, 2026 | Hussain Abdul-Hussain |

How the UAE Is Cracking Down on Illicit Iranian Finance

Iran’s attacks on the Gulf state have created an opportunity to starve Iran’s proxy network of funds.

April 9, 2026 | Jonathan Schanzer, David Daoud, Hussain Abdul-Hussain, Joe Dougherty

Hezbollah at War: What Comes Next for Lebanon and the Region

April 7, 2026 | Bridget Toomey, Janatan Sayeh

Tehran Is Repositioning Its Terror Proxies for a Domestic Crackdown

After spending years exporting its influence, the ruling regime in Iran is now importing its regional proxies to assist with any crackdown against a revival of the mass protests that resulted in the deaths of...

April 7, 2026 | Ahmad Sharawi, Bridget Toomey

Iraq’s bake sale for the Islamic Republic

Iran, under financial isolation, is turning to an old friend: Iraqi cash. Through informal financial channels and networks, currency-filled envelopes are moving across Iraq into Iran under...

April 6, 2026 | |

Iran’s Largest Petrochemical Complex Struck by IDF

Israel Strikes Iran’s Largest Petrochemical Plant: The Israeli Air Force launched strikes against Iran’s largest petrochemical plant, Asaluyeh, on April 6. According to Israeli...

April 3, 2026 | Elaine K. Dezenski, Josh Birenbaum

The Broken Promise of the Panama Papers, Ten Years On

The scandal thrust financial secrecy into the spotlight. Why is dirty money still such a big problem?

April 1, 2026 | Ari Ben Am, Ethan Sheinker

6 Things To Know About Handala — Tehran’s Hackers Making Front Page News

U.S. law enforcement confirmed on March 27 that Iranian hackers operating under the name Handala compromised the FBI director’s personal email. The group claims to be an independent, pro-Palestinian...

April 1, 2026 | Sinan Ciddi, William Doran

Islamist Turkey: A Base for Muslim Brotherhood Jihadism

March 31, 2026 | Max Meizlish, Susan Soh

America can bankrupt Iran’s insiders — And it should

Tens of billions of dollars have been siphoned out of the Iranian economy by the Islamic Republic’s insiders over the past decade. If the U.S. wasn’t watching then, it is now. “We...

March 31, 2026 | David Daoud |

Israel kills Al Manar employee Ali Shuaib, says he was a Hezbollah military operative

On the morning of Saturday, March 28, the Israel Defense Forces (IDF) targeted a press-marked vehicle on the Jezzine-Kfarhouna road in south Lebanon. The strike killed Ali Shuaib, an employee of the...

March 29, 2026 | Elaine K. Dezenski, Max Meizlish

The Iran war has given Trump his best hand against China — now he shouldn’t fold

President Donald Trump should say the quiet part out loud: China’s years of economic, technological and diplomatic support for Iran did not merely underwrite the regime’s malign activity. It accelerated...

March 27, 2026 | RADM (Ret.) Mark Montgomery, Richard Goldberg, Max Meizlish, Joe Dougherty

The Strait of Hormuz: The Military, Energy, and Economic Challenges

March 27, 2026 | Annie Fixler, Aarushi Garg

Iranian Cyber Operations Take Advantage of Weakened U.S. Defenses

The agency responsible for defending against Iranian cyberattacks is running at less than half strength, so perhaps cyber strikes against two U.S. healthcare companies in two weeks should not be surprising....

March 26, 2026 | Max Meizlish |

Trump’s Oil Waiver Gives Iran a Dangerous Financial Lifeline

Allowing Tehran to sell crude will only strengthen its grip over global energy flows.