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Economy And Environment

All articles tagged with #economy and environment

Frozen assets spark a potential Iran–US trade thaw
economy-and-environment18 days ago

Frozen assets spark a potential Iran–US trade thaw

A new US proposal would use frozen Iranian assets to purchase American goods, a move that could offer limited economic relief and a possible opening with Iran while avoiding direct cash transfers; analysts caution that strict oversight is needed to prevent misuse or bolstering the IRGC, and that any real change depends on ongoing negotiations, compliance, and broader diplomacy amid a shift from maximum pressure toward incentives.

Iran taps Oman as trade route to skirt Hormuz blockade
economy-and-environment1 month ago

Iran taps Oman as trade route to skirt Hormuz blockade

Iran is using Oman’s Musandam port, particularly Khasab, as a back channel to move goods into the country after the Strait of Hormuz blockade. Cargo from the UAE is unloaded at Oman and reloaded onto Iranian vessels, with the route expanding to include other Omani ports. The workaround is far more expensive—about six times the previous UAE-to-Iran route—reflecting how the blockade is forcing trade into longer, costlier, and less predictable channels, while indicating the limits of Iran’s ability to bypass restrictions.