WorldIran bets on shadow networks to evade US sanctions

Iran has spent decades building a web of businesspeople and companies to circumvent US sanctions. Babak Zanjani, a billionaire once sentenced to death, is now back at its center. The Trump administration is targeting oil, banking, shipping and cryptocurrencies in an effort to force Iran’s leadership into submission, while Tehran appears to be exploring crypto for transfers, trade and oil shipments through the Strait of Hormuz.

IranUS sanctionssanctions evasioncryptocurrency

DDW★★★★☆2026-09-03 11:59Original