News Briefs

November 27, 2025
Iran has sent hundreds of millions of dollars to Hezbollah since late 2024 using money exchanges and other companies in located in Dubai, in order to help Hezbollah rebuild after its war with Israel. The transactions are often carried out using the hawala system of parallel accounts between dealers in Dubai and Lebanon. According to Arab officials, Iran has also sent couriers with small amounts of cash and jewelry to avoid Lebanese airport controls that have been tightened as a result of the Israel-Hezbollah ceasefire agreement. According to a senior U.S. official, the United States is also concerned about funds being smuggled from to Hezbollah through Turkey and Iraq and wants Lebanon to shut down the Hezbollah-linked financial institution Al-Qard Al-Hassan.
-- Wall Street Journal
November 25, 2025
Imen Gostar Raman Kish, a company controlled by senior officials in Iran's Organization of Defensive Innovation and Research (SPND), a military nuclear research institute, advertises equipment containing radiation-detection tubes manufactured by U.K.-based company Centronic Ltd. The Mindex Center, the export agency of Iran's Ministry of Defense and Armed Forces Logistics (MODAFL), also advertises the same equipment. The chairman and vice-chairman of Imen Gostar are both senior SPND officials sanctioned by the United States, and its CEO traveled to Russia in 2024 as part of an Iranian delegation seeking technologies usable in nuclear weapons development. Imen Gostar also claims to sell plastic-scintillator detectors that contain components produced by U.S.-based company Eljen Technology as well as a photomultiplier tube produced by a brand controlled by Exosens, Centronic's France-based parent company. There is no evidence that the Western manufacturers knowingly sold the components to Iran.
-- Financial Times
November 18, 2025
Iranian nuclear experts linked to the Organization of Defensive Innovation and Research (SPND) visited a Russian company specializing in laser technology in November 2024, according to documents obtained by FT. The delegation was organized and led by Ali Kalvand, the director of SPND-linked procurement broker DamavandTec. It included four Iranians who purported to be DamavandTec employees but were actually researchers affiliated with universities linked to Iran's defense establishment, including Shahid Beheshti University, Islamic Azad University, and Malek Ashtar University of Technology. The delegation visited the St. Petersburg-based company Laser Systems, which is licensed to develop weapons for Russia's defense ministry. A Laser Systems researcher subsequently visited Tehran to meet DamavandTec representatives in February 2025. Ali Kalvand had also led another delegation of Iranian nuclear experts to Russia earlier in 2024.
-- Financial Times
November 15, 2025
The Islamic Revolutionary Guard Corps (IRGC) announced that it had seized a tanker "for carrying unauthorized cargo". The vessel, the Talara, was a Marshall Islands-flagged tanker transporting gasoil from Singapore to Sharjah in the United Arab Emirates (UAE). The Talara's Cyprus-based ship management company said it lost contact with the vessel on November 14 approximately 20 nautical miles off the coast of Khor Fakkan in the UAE.
-- Reuters
October 31, 2025
Between ten and twelve shipments together containing 2,000 tons of sodium perchlorate, an ingredient for solid missile propellant, have arrived in Iran's Bandar Abbas port from China since the reimposition of U.N. sanctions on Iran at the end of September, according to European intelligence sources. Some cargo ships made multiple trips between Iran and China and appear to be crewed by Islamic Republic of Iran Shipping Lines (IRISL), including the MV Artavand, Barzin, Basht, and Elyana. 2,000 tons of sodium chlorate is sufficient for fueling approximately 500 missiles, according to experts. Iran previously received shipments of sodium perchlorate from China earlier in 2025, including 1,000 tons in February and another 1,000 tons in June. A large explosion in Bandar Abbas in April was believed to have been caused by sodium perchlorate stored there.
-- CNN
October 28, 2025
Maritime Mutual Insurance Association (MMIA), a New Zealand-based marine insurer, provided insurance coverage to tankers moving sanctioned Iranian-origin and Russian-origin crude oil to buyers in Asia, including China, India, and Malaysia, according to a Reuters review of shipping and insurance records, oil trades, sanctions designations, and interviews. MMIA insured almost one in six tankers in the so-called “shadow fleet” that transports sanctioned oil while obscuring vessel identity and cargo origin, Reuters found. Shadow fleet vessels insured by MMIA included the Yug (formerly Mur), the Fenghuang (formerly Phoenix I and Minerva Zenia), and the Sunsea (Chembulk Tortola).New Zealand financial crime police searched MMIA’s offices on October 16 as part of an investigation conducted jointly with Australia, the United Kingdom, and the United States into whether the insurer enabled sanctions violations and failed to deter money laundering and terrorism financing. MMIA is headquartered in New Zealand and has two affiliated companies in Dubai, MME Services and Maritime Reinsurance. Family members of its British owner are also linked to Maritime Management Administration Services in Guernsey and Maritime Pacific Insurance Services in the United Kingdom. The company Shiraz Marine claims on its website to be MMIA's representative in Iran. MMIA denies violating international sanctions.
-- Reuters
October 27, 2025
The Central Bank of Iran announced that it was dissolving the privately-owned bank Ayandeh Bank and merging it with state-owned Bank Melli. Ayandeh was founded by Iranian businessman Ali Ansari in 2013 through the merger of his privately-owned Tat Bank with two state-linked financial institutions, Salehin Credit Institution and Aatee Credit Institution. Ayandeh Bank grew heavily indebted and became insolvent.
-- Al Jazeera
October 24, 2025
Nearly 13,000 Iranian-owned companies are registered in Georgia as of June 2025, many of them clustered at a handful of repeat addresses in Tbilisi and the small villages of Dunta and Untsa, according to public records and an investigation by the Georgian nongovernmental organization Civic IDEA. Iranian consultancies advise Iranian businessmen to register companies near Georgian ports, rebrand Iranian-origin goods as “Made in Georgia,” and ship them onward to Western markets. Iranian firms have also supplied Georgian state entities: Qafrina LLC, owned by Iranian national Farzad Nouri, sold closed-circuit television systems to the National Bank of Georgia, courts in Kutaisi, and Tbilisi City Hall; another Iranian-owned firm, Geo Tech, provided hygiene products to the Georgian Defense Ministry, Georgian Railways, and Tbilisi’s municipal transport company, according to Georgian tender records cited in the article. Iranian-Georgian joint venture Green Lab LLC contracted with Georgia's National Center for Disease Control in 2019 to provide medical reagents and testing kits.
-- RFE/RL
October 23, 2025
Pakistani national Muhammad Pahlawan was sentenced by a U.S. court to 40 years in prison for transporting Iranian-made advanced conventional weapons for delivery to the Houthis in Yemen. From August 2023 to January 2024, Pahlawan made multiple smuggling voyages arranged and funded by two Iranians affiliated with the IRGC, Shahab Mir’kazei and Yunus Mir’kazei, and coordinated ship-to-ship transfers of weapons by sea using coordinates provided by them. U.S. Navy forces boarded an unflagged dhow in the Arabian Sea off Somalia on January 11, 2024, and seized the weapons, which included ballistic missile components, anti-ship cruise missile components, and a warhead. Pahlawan, the ship's captain, was convicted in June 2025 of conspiring to provide material support to terrorists, providing material support to Iran’s weapons of mass destruction program and the Islamic Revolutionary Guard Corps (IRGC), conspiring to and transporting explosive devices to the Houthis, and threatening his crew.
-- U.S. Attorney’s Office, Eastern District of Virginia
October 20, 2025
Ali Larijani, the secretary of Iran's Supreme National Security Council, said that Iran had cancelled a cooperation deal it had agreed upon with the International Atomic Energy Agency (IAEA) in September, according to Iranian state media. Iran had threatened to cancel the agreement if United Nations sanctions against it were reimposed through the 2015 nuclear agreement's snapback mechanism.
-- Reuters

Pages