Iran

Oil prices increased at the start of the new year amid fears that ongoing conflict in the Middle East could disrupt supply and expectations of holiday demand in China.

A massive cyberattack has disrupted operations at nearly 70% of the gas stations in Iran, with an Israeli hacking group taking credit, reports say.

Treasury Secretary Janet Yellen on Wednesday unveiled sanctions on the financial networks Iran uses to support Hamas and Hezbollah.

Sen. Tim Scott, R-SC, is leading efforts in the Senate to freeze the recently unfrozen $6 billion in Iranian assets, following the attack on Israel by Hamas that killed thousands of cilivians.

Treasury Secretary Janet Yellen said the Biden administration could tighten its sanctions against Iran following the Hamas militant attacks on Israel.

Iran's support for Hamas has prompted scrutiny of the $6 billion in Iranian funds unfrozen by the Biden admin as part of a prisoner swap in the wake of Hamas' attack on Israel.

Sen. Tim Scott called for a Senate hearing and investigation into the $6 billion in funds to Iran after Hamas launched deadly attacks on Israel.

Conflict between Israel and the Iran-backed Hamas terror group could create a wider conflict in the Middle East that would increase risks to the global economy.

Israeli stock and bond prices slid on Sunday in the wake of rocket and gun terror attacks that were carried out by Iran-backed Hamas and killed at least 700 people

The U.S. announced new sanctions against a network of companies and individuals providing financial and material support for Iran's drone industry, including Chinese and Russian firms.

Reza Pahlavi, son of Iran's last shah, argues the Biden administration's negotiation will "further finance the regime's proxies," and does not serve the interests of Iranians.

Amid efforts to enforce sanctions against Iran, authoritarian regimes like Russia and China and some Western companies are bypassing U.S. sanctions to attend the Iran Oil Show.

Ships in the Gulf region have been warned by a U.S.-led naval coalition to stay away from Iranian waters in an effort to avoid possible seizures.

The Departments of Commerce, Justice, State and Treasury issued a warning on Iran's efforts to circumvent sanctions to acquire sensitive tech for drone programs.

Senators introduced the bipartisan RESTRICT Act that would block technology products from adversarial countries like China and Russia from being available in the U.S.

Iran claims to have discovered a massive lithium deposit for the first time ever as demand for the raw material sores as the world races to go electric.

Iran's currency fell to a record low against the U.S. dollar on Sunday as the country's economy struggles with the impact of internal unrest and sanctions.

Iran has transferred higher-end drones to aid Russia's war effort in Ukraine using boats in the Caspian Sea and a state-owned airline, according to a report by The Guardian.

The U.S. Treasury announced new sanctions against an Iranian drone manufacturer for providing Shahed drones to Russia that the Kremlin has used in airstrikes against Ukraine.

Iran's oil exports are surging to their highest level in several years despite the ongoing U.S. sanctions amid strong demand from China and Venezuela.