Eye on Iran: Turkish Gold Trader Details Money Laundering Scheme for Iran

TOP STORIES

Turkish Gold Trader Details Money Laundering Scheme for Iran | Reuters

A Turkish-Iranian gold trader described in a U.S. court on Wednesday how he ran a sprawling international money laundering scheme aimed at helping Iran get around U.S. sanctions and spend its oil and gas revenues abroad.

For Westerners Imprisoned in Iran, New Signs of a Deal | New York Times

One American prisoner has lost six teeth from malnutrition. Another tried to kill himself. A third, a Briton, is traumatized by the possibility her sentence could be doubled. They are among the foreign nationals incarcerated in Iran on spying or sedition charges, a continuing source of tension in that country’s relations with Western nations, particularly the United States and Britain. Many are Iranians with dual citizenship. Now, the prisoner issue is heating up as President Trump threatens to derail the nuclear agreement with Iran and possibly revive onerous American sanctions. Nearly two years after a group of American captives in Iran was freed when the nuclear accord took effect — in return for the release of a group of Iranians held in the United States — there is speculation that another prisoner exchange may be sought.

Trump Admin Halts Taxpayer-Funded Purchases of Iranian Nuclear Materials | Washington Free Beacon

The Trump administration has put a stop to U.S. purchases of nuclear materials from Iran, a policy that first began under the Obama administration in an attempt to ensure Iran remains in compliance with the landmark nuclear deal…

NUCLEAR & BALLISTIC-MISSILE PROGRAMS

Army, IRGC Cooperate On Boosting Missile Power | Mehr News Agency (Iran)

Iranian Army Chief General Mousavi and IRGC Commander Brig. Gen. Jafari met Sunday to discuss the necessity of boosting Army, Navy, air force and missile powers.

U.S.-IRAN RELATIONS

US Companies Are the Biggest Losers From Sanctions, Iran's Energy Minister Says | CNBC

The Iranian oil minister claimed that energy-related firms from the U.S. are the main losers from the sanctions placed against his country. Iran's oil-dominated economy has been hampered by sanctions put in place by the U.S. since the Iranian Revolution of 1979. In 2016, many restrictions were removed, but Washington has continued to bar American citizens and companies from most forms of investment or trade with the country.

BUSINESS RISK

Asian Imports of Iranian Oil Fall from 6-Mth High | Reuters

Imports of Iranian crude by major buyers in Asia fell in October from a sixth-month high hit the previous month, dropping for the first time since June, with South Korea the only big Asian importer to increase loadings.

GULF STATES, YEMEN, LEBANON, AND IRAN

Turkey, Iran Sign Trade Deal with Qatar | Voice of America

Turkish and Iranian ministers have signed an agreement with Qatar aimed at increasing the flow of goods to the Gulf state. Qatar faces trade restrictions from its Middle Eastern neighbors, including Saudi Arabia. The Saudi government has said it wants to punish Qatar for its ties with Iran and suspected links to terrorist groups.

Iran Denies Airspace Access to Bulgarian PM's Plane En Route To Riyadh: Minister | Reuters

Iran denied access to its airspace to a Bulgarian government jet taking a delegation led by Prime Minister Boyko Borissov to Tehran’s regional arch-enemy Saudi Arabia, Sofia’s foreign minister said on Wednesday.

Lebanese Lawyers Call for Closure of Iran TV Stations | Daily Star (Lebanon)

A number of Lebanese lawyers have presented a case to the judiciary calling for “the halting of Al-Nabaa and Lualua, two channels funded by Iran,” a judicial source told The Daily Star Wednesday.