Return of the U-Turn License?
Multiple reports indicate that the United States is considering taking additional steps to relieve the sanctions so that Iran receives…
Will the U.S. Reinstate the U-Turn License for Iran?
According to reports, Republican House Representative Ed Royce (R-CAX) – the chairman of the House Foreign Affairs Committee – sent…
Iran’s Banking Problems Persist Despite JCPOA
Not surprisingly, Iran continues to have significant problems finding foreign banks willing to provide financing or resume correspondent relations with…
Iran Reconnects to SWIFT, But Does It Matter?
The big question is whether Iran’s banks will be able to consummate correspondent banking relations with global financial institutions in…
OFAC Caps off a Huge 2009 With Their Biggest Settlement Ever
In a year of absolutely huge fines and settlements for violations of sanctions programs, the United States Department of the…