Sanctions and economy reporting on Iran — new designations and relief, oil exports and shipping, banking restrictions, and the effect on the rial and daily prices — collected from independent English-language outlets.
TEHRAN, Sept. 6 (Xinhua) -- Secretary of Iran's Supreme National Security Council Mohsen Rezaei has said that his country would announce a restricted zone outside the Strait of Hormuz in the coming days and place any ship attempting to transit the area on Tehran's sanctions list.
A deck cargo ship lies anchored in the Strait of Hormuz off Bandar Abbas, Iran, September 6, 2026. /VCG Iran will announce a "restricted zone" outside the Strait of Hormuz in the coming days, and any vessel attempting to transit the area without coordination with Tehran will be placed on Iran's sanctions list, Secretary of Iran's Supreme National Security Council Mohsen Rezaei said on Sunday.
When eggs can hold their value better than cash, an economy has entered dangerous territory. But that is exactly where Iran is.
TEHRAN, Sept. 6 (Xinhua) -- Secretary of Iran's Supreme National Security Council Mohsen Rezaei has said that his country would announce a restricted zone outside the Strait of Hormuz in the coming days and place any ship attempting to transit the area on Tehran's sanctions list.
Iran turns to land trade routes to counter maritime blockade We have more from Iran’s top security official, Mohsen Rezaei. Rezaei says Tehran has started activating overland trade corridors to reduce its dependence on shipping and counter the maritime blockade. He pointed to Iran’s borders with 15 neighbouring countries, arguing that its geographical position gives it alternatives to sea-based commerce.
Iran to impose restricted shipping zone near Strait of Hormuz Iran plans to establish a restricted maritime zone near the Strait of Hormuz within days, state media has quoted the country’s top security official as saying. The designated area will stretch from the boundary of the US naval blockade into parts of the Gulf. Tehran will place any vessel that enters the zone on its sanctions list, the official said.
Starlink terminals becoming available in newly legal markets on Iran’s doorstep could make the Islamic Republic’s internet shutdowns harder to enforce, potentially lowering the cost of equipment that has become an increasingly important route around government blackouts.
US forces redirected 92 commercial vessels during Iran blockade: Centcom US forces have redirected 92 commercial vessels, disabled three and boarded two during their maritime blockade of Iran, US Central Command said. In a post on X, the US military command said the actions were aimed at ensuring “strict compliance” with the blockade, which is intended to choke off Iran’s oil exports.
Iran has about 30 million barrels of crude oil remaining that China has not already purchased, and US sanctions and a naval blockade will soon prevent Tehran from supplying more, Treasury Secretary Scott Bessent said in an interview with Fox News.
Middle East crude oil exports in August down 39 percent, TankerTrackers says Crude oil exports out of the Middle East during August 2026 were down 39 percent since the January and February baseline of 18. 5 million barrels per day (mbpd), according to oil-tracking firm TankerTrackers. The sharpest fall of 67 percent below pre-war levels was recorded in May, the firm said, adding that the current deficit is now only 7.
Satellite imagery reviewed by Iran International shows a sharp fall in visible shipping activity at Shahid Rajaee and Imam Khomeini ports since the US naval blockade was reimposed in mid-July, underscoring the growing squeeze on Iran’s imports and exports.
TEHRAN (Tasnim) – US gasoline prices are expected to reach $4. 03 per gallon on Labor Day, surpassing the previous record for the holiday weekend as the aggression on Iran continues to push up energy costs.
Proposed Hormuz passage deal not feasible for shipping industry: Report A proposed deal between Iran and Oman that would give Tehran control over ships entering the Gulf through the Strait of Hormuz is not easily workable due to US sanctions and restrictive insurance clauses on any payments, four industry sources told Reuters. Under the latest proposal, Tehran would be able to intervene if necessary with any inbound traffic, while outbound traffic would follow a route between Iran and Oman, with exit clearance granted through Oman after notifying Iran, a senior Iranian source told Reuters this week. Introducing compulsory charges through the strait for transit or service fees was "a toll in all but name", the world's leading shipping associations said in an open letter, which was sent to the UN's shipping agency.
When a refrigerator breaks in Iran now, the family often cannot replace it, and increasingly cannot afford to repair it either. Behind that is an industry losing its raw materials, its customers and, since March, two of the industrial hubs that supplied it.
US sanctions Turkish bank over alleged IRGC ties, accusing it of facilitating millions in transactions for Iran.
US, allies push IAEA board to report Iran to UN Security Council The United States, Britain, France and Germany are seeking a resolution by the UN nuclear watchdog's board next week reporting Iran to the UN Security Council for the first time in 20 years, according to diplomats and the proposed text seen by Reuters. If passed, the resolution would follow up on one adopted on June 12 of last year declaring Iran in breach of its non-proliferation obligations for not fully cooperating with an investigation into uranium traces found at undeclared sites. Israel started bombing Iran's nuclear facilities the next day, soon joined by the US Iran's uranium-enrichment plants were destroyed or badly damaged.
Gulf of Oman sees ship-to-ship transfer of 24 million barrels of crude At least 24 million barrels of crude oil were exchanged during ship-to-ship transfers in the Gulf of Oman on Friday, according to maritime tracking service, TankerTrackers In a post on X, TankerTrackers said: “We’ve now tagged 17 crude oil and gas (LNG & LPG) ship-to-ship transfers which took place yesterday (2026-09-04) in the Gulf of Oman. At least 24 million barrels were being exchanged. ” “We also identified many more oil-laden tankers waiting for a dance partner in those waters,” the post read.
US diesel prices hit record $5. 85 a gallon The price of diesel hit a new record Friday in the United States, as disruption from the US war with Iran squeezes voters. The cost is now $5.
Kpler says Hormuz traffic dropped sharply on 31 August, Bab el-Mandeb stable Traffic through the Strait of Hormuz fell sharply on August 31, with five confirmed crossings, down 50 percent from 10 a day earlier, according to maritime data firm Kpler. Four vessels entered the Middle East Gulf and one exited, using a mix of Iranian, Omani and negotiated routes. Two of the crossings involved shadow vessels, while one involved a sanctioned vessel.
Washington DC [US], September 5 (ANI): The United States, in its latest efforts of economic sanctions under Operation Economic Outcast, on Friday (local time) imposed fresh sanctions on a Trkiye-based financial institution and two of its subsidiaries, accusing them of facilitating transactions linke
983 sanctions stories in the last 90 days.
