Renewed warfare with Israel aside, Hezbollah will not be permanently undone unless one of two scenarios occurs: regime change in Iran, or the complete dismantlement of the group’s domestic financial system and political power. If the previous wars between Israel and Hezbollah had taught us anything, it’s that Hezbollah cannot …

A sanctioned Iranian oil magnate and his brother have used aliases and Caribbean “golden passports” to amass a $29 million luxury real estate portfolio in Dubai, property records show. Hossein Shamkhani and his brother, Abolfazl, are the sons of Ali Shamkhani, a political adviser to Iran’s late Supreme Leader Ayatollah …

Iran plans Hormuz transit fees amid war tensions, signalling a major shift from military conflict to economic control over global trade routes. The global attention around the world has largely focused on military developments as tensions escalate following Israel’s strikes on Iranian-linked facilities near the South Pars gas field. The …