Treasury Gives New Guidance, but Banks Still Wary

The U.S. Treasury Department released new guidance on June 8 that appears intended to reassure European and other non-U.S. banks wary of doing business with Iran.  In an updated explanatory…

Missile Sanctions Must Target Iran’s Suppliers

On May 9, a senior Iranian defense official announced the recent test of “a missile with a range of 2,000 kilometers and a margin of error of 8 meters.”[1]  Iran’s…