Recent Posts

How Washington Emboldened the Houthis

And How It Can Prevent Its Fight With the Group From Escalating Since the Houthis launched their assault on global shipping in November, the United States and its partners have scrambled for ways to restore calm and commerce to the Red Sea. First, on December 18, Washington assembled a maritime …

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Iran Reportedly Used UK Banks to Evade U.S. Sanctions

Latest Developments Iran used two banks in the United Kingdom to evade U.S. sanctions via front companies secretly owned by Iran’s Petrochemical Commercial Company (PCC), the Financial Times reported on February 4. The report claims that PCC’s UK division (PCC UK) owns front companies called Pisco UK and Aria Associates …

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