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…

Bait and Switch on New Iran Missile Sanctions

Last week, the White House backtracked on plans to impose new financial sanctions on Iran’s ballistic missile program.  The Wall Street Journal reported on December 30 that the Treasury Department…