Country: IR | Published: 2026-09-17
Iran's isolation tightens on multiple fronts, with US sanctions now targeting a crypto exchange allegedly processing Hormuz shipping payments, while Russia and China vetoed a US dr
Iran's isolation tightens on multiple fronts, with US sanctions now targeting a crypto exchange allegedly processing Hormuz shipping payments, while Russia and China vetoed a US draft to extend UN monitoring of Iranian sanctions. The regional conflict keeps spilling over, as Houthi attacks on Saudi oil infrastructure continue and a major bank has given up forecasting the war's end, citing economic redlines being blown past. Energy markets carry that uncertainty in prices, and Tehran's growing trade with BRICS partners shows it leaning harder on alternative economic channels.