Since the United States and Israel launched their campaign against the Islamic Republic, Iran has delivered a severe shock to global aviation, particularly in the Middle East. Normal conditions will not soon return. The current crisis goes beyond flight cancellations or air transport costs. By disrupting the Strait of Hormuz—one of the main transit routes […]
The Iran War’s Damage to Global Aviation Read More »
While China’s overseas investment in Belt and Road Initiative projects surged by 62 percent last year compared to 2024, exceeding $85 billion, two sanctioned countries—Russia and Iran, which ironically consider themselves China’s most important partners—received almost none of these investments. A new report by the Green Finance & Development Center shows that the value of Chinese construction
China’s Foreign Investment Jumps as Beijing Bypasses Iran and Russia Read More »
ehran’s frequently invoked threat of closing the Strait of Hormuz may be far easier to signal than to carry out, not least because it would harm allied China more than the hostile West. For now, the threat is muted as Iran and the United States have returned to the negotiating table. But the shadow of
Why Iran may not afford to close the Strait of Hormuz Read More »
A 25 percent tariff on US imports from any country that trades with Iran appears aimed at punishing third countries, but it is likely to hit Tehran far harder. The proposed secondary tariffs were announced by President Donald Trump earlier this week in response to a violent crackdown on protesters in Iran. Some commentators have
How Trump’s secondary tariffs could hurt Tehran Read More »
Venezuela’s multibillion-dollar debts to Iran have fallen into uncertainty following the arrest of Nicolás Maduro—an ally of the Islamic Republic—by the United States. Some former Iranian officials and members of parliament have cited debts of between $2 billion and $4 billion that Venezuela owed to Iran. The likely default by Venezuela comes after the December 2024 collapse
Its Allies’ Falls Continue the Destruction of Iran’s Financial Capital Read More »
