Both countries are banned from the SWIFT financial messaging system due to US and European sanctions. Iran and Russia signed a financial messaging agreement on Sunday that would allow their banks to transfer funds between one another, and evade sanctions mechanism that blocks most of their entities from SWIFT. The …

Strikes widely attributed to Israel have hit an Iranian convoy near the Iraqi border after it crossed out of the country. Iraq marks the geographical center of a larger fight that may be heating up again between Iran and its regional proxies on the one hand and the United States …

Funding for the items like protective gear and NVGs will be provided from the government’s €100 billon special arms fund, a seismic uplift in defense spending aimed at ending decades of peacetime underfunding and acquiring new military equipment at pace to deter Russian aggression. IAV 2022 — Germany is embarking …